By FXEmpire.com
The NZD/USD pair rose during most of the session on Thursday, only to turn back around and fall to form a shooting star. While this candle isn’t at the top of the range like bears would like to see, it does suggest that the pair is running into trouble going forward. However, there are plenty of levels below that could be supportive, and as a result we aren’t selling it. Simply put, this pair should continue to chop around at best, and we are going to avoid it for a few days until we get clarity in the pair.
Originally posted here
