NZD/USD Forecast April 10, 2017, Technical Analysis

The NZD/USD pair initially tried to rally on Friday but found enough resistance at the 0.70 level to turn things around and test the bottom of the hammer from the Wednesday session. It was a bit of a “risk off” type of scenario, as the jobs numbers out of America were poor. I believe that the market will continue to go lower, and perhaps reach towards the 0.69 level underneath. Short-term rally should be selling opportunities over the next couple of sessions. I believe it will be choppy, but the selling will more than likely continue. - 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.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. bears no responsibility for any trading losses you might incur as a result of using any data within the