Daily Outlook of NZDUSD
NZDUSD the pair fall again after there was no hawkish statement in emollient parliamentary testimony, The pair shows sideways trading since morning keeping its stability above 0.6900 level, As technically the pair trading above support zone 0.6852 with the double bottom candle pattern on Daily time frame, we can see rally to test 0.6980/0.7710, Longer-term though, I still favor the downside unless of course something changes fundamentally. Over the next couple of days, it could be volatile, but I do think that it’s only a matter of time before the sellers take over.
Short term Bullish .
Short term Bullish .
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