NZD/USD Forecast March 14, 2017, Technical Analysis

The NZD/USD pair had a very volatile session on Monday, as we continue to try to find some type of footing in this low level. I believe that the 0.70 level above is massively resistive, and I think that any type of exhaustion that shows itself in that general vicinity should be and I selling opportunity. Alternately, if we break down below the lows, it would be time to sell as well. I have no interest in buying the kiwi dollar currently. However, I do recognize that a significant move above the 0.70 level could show a significant shift in attitude. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

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