NZD/USD Forecast April 4, 2017, Technical Analysis

The NZD/USD pair fell initially during the day on Monday, but found enough support below the 0.70 level to keep somewhat afloat. Because of this, I believe that we could bounce and reach towards the 0.71 handle, which is the top of the blue box that I have on the chart. Nonetheless, the one thing I think you can count on is quite a bit of volatility as we continue to chop everywhere in the markets right now. I would stick to short-term trades, and would not expect too much at this point as far as movement is concerned. - 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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