NZD/USD Forecast April 24, 2017, Technical Analysis

The New Zealand dollar initially fell on Friday but found support underneath and turned around to form a hammer. However, the shooting star from the Thursday session signifies a bit of confusion. Because of this, I’m going to step to the side when it comes to the NZD/USD pair, and with that being the case I will have to let you know when I place a trade. Currently, I think this is a great way to lose money in a choppy market, so I believe that there are much easier trades to take in the Forex world now.