By FXEmpire.com

NZD/USD fell hard on Wednesday as the markets around the world fell. The pair most certainly has plenty of support in the .80 area, and a bounce could come there, but we are starting to see that it is a bullish market that seems easy to knock back down. Because of this, we are starting to consider selling all rallies. Our advice is to let this market finish out the week, and then look at our weekly video for possible clues to the future direction of this pair as it appears to be at a crossroads of sorts now.


About the FX Empire:

Readers of FX Empire have made clear it’s their first stop for daily and weekly news and analysis. The FX Empire proudly delivers technical analyses, fundamental analyses, Forex news, broker reviews and more; keeping our readers the best informed in the industry.

Check out the latest Brokers Reviews by FX Empire: Easy-Forex Review, FineXO Review.

FXEmpire.com: your one-stop destination for forex technical analyses, forex fundamental analyses and Forex news and Forex broker overviews.