NZD/USD Forecast April 25, 2017, Technical Analysis

The NZD/USD pair tried to rally at the open on Monday but gave back all of the gains and ended up forming a negative candle. It looks as if the market is going to continue consolidating overall, so I think that we could sell off just a bit. I don’t have any interest in trading this market, I believe that there are easier trades to have in the Forex markets right now. If we can break above the 0.71 handle, that would be a very bullish sign but I don’t see it happening right now. - 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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