NZD/USD forecast for the week of November 30, 2015, Technical Analysis
The NZD/USD pair initially tried to rally during the course of the week but fell and ended up closing just above the 0.65 handle. This is a market that simply did not have much in the way of momentum, but quite frankly we feel that eventually we will try to
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The NZD/USD pair initially tried to rally during the course of the week but fell and ended up closing just above the 0.65 handle. This is a market that simply did not have much in the way of momentum, but quite frankly we feel that eventually we will try to reach back towards the 0.6750 level. On the other hand though, if we break down below the 0.64 level, we feel the market then goes back down to the 0.60 handle. Regardless, this is going to be a market that you will want to trade from shorter-term charts, because there isn’t whole lot of room to move.
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