Currency pair New Zealand Dollar US Dollar NZD/USD is trading at 0.7318. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is a bullish trend in the pair New Zealand Dollar/US Dollar. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 0.7285, from which it is expected to attempt a rebound and further growth with the target near the level of 0.7450.
New Zealand Dollar forecast NZD/USD on January 24, 2018
Earlier, a strong signal was received for buy of the pair New Zealand Dollar/US Dollar, due to the crossing of signal lines at the level of 0.6990. The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 0.7220, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations NZD/USD stands with the breakdown of the upper limit of the model «Triangle» and closing above the level of 0.7345.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
