The New Zealand dollar fell during the day on Friday, as we saw quite a bit of volatility. If we can break down below the bottom of the candle for the day
The New Zealand dollar fell during the day on Friday, as we saw quite a bit of volatility. If we can break down below the bottom of the candle for the day on Thursday, I feel the market will drop down to the 0.70 level underneath. A break above the top of the candle should signal that we are going to reach towards the 0.7350 level above, but ultimately the one thing I think you can count on is volatility. Because of this, it’s difficult to hang onto a trade for any real length of time.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
