NZD/USD Forecast April 12, 2017, Technical Analysis

The NZD/USD pair had a rough session as we initially fell during the session on Tuesday, but has found enough support to turn things around and form a supportive looking candle. However, I think there’s a lot of noise above, so it would not surprise me at all the see a resistive candle near the 0.70 level. A breakdown below the bottom of the hammer would be a negative sign as well, so in the way I’m looking to sell but I don’t have any interest in buying. Currently, I’m going to have to wait for a sell signal. - 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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