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.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
