Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the growth framework. At the moment, we should wait for the test of the support level near 0.7030, then continue the growth of the pair with a target above 0.7120. In favor of the growth of the pair NZD/USD will perform a test of the support line on the indicator of relative strength index (RSI).
NZD/USD forecast New Zealand Dollar on December 28, 2017
The cancellation of the New Zealand Dollar growth rate for the forex will be the fall and the breakdown of the area of 0.7005, which will indicate the breakdown of the lower border of the channel and the continuation of the drop in NZD/USD quotations for a target below 0.6950. Expect to accelerate the growth of the pair is with the breakdown of the upper boundary of the channel and closing above the level of 0.7095.
NZD/USD forecast New Zealand Dollar on December 28, 2017 expects the test of the support level of 0.7030 and the continuation of growth in the area above 0.7120, an additional signal in favor of growth will be a test of the support line on the indicator of relative strength index (RSI), the cancellation of the NZD/USD fall breakdown at the level of 0.7005.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
