NZD/USD Forecast March 30, 2017, Technical Analysis

The NZD/USD pair fell initially during the day on Wednesday, but found enough support near the 0.70 level to turn things around and start bouncing again. We are still very well within the consolidation area, so I don’t have any interest in placing a major trade. I think we will probably bounce from here but the 0.71 level above will offer resistance. It’s easy to step on the sidelines and simply ignore this pair but I do recognize that short-term traders will have plenty of back and forth type of trading opportunities. - 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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