NZD/USD Forecast September 4, 2017, Technical Analysis

The New Zealand dollar had a volatile session on Friday, reaching towards the 0.72 level but then failing. Overall, I believe that the Australian dollar is going to outperform the New Zealand dollar, and that could be one of the biggest pressures on this market. That being said, if we can break above the 0.72 level on a daily close, willing to serve buying as I think the market will probably go looking towards the 0.75 level after that. If we make a fresh, new low, then I suspect that we are going to go down to the 0.70 level.

NZD/USD Video 04.9.17