Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7255. The pair continues to move within the framework of growth. At the moment, we should expect an attempt to test the lower border of the channel near the level of 0.7150 and continue the growth of the pair above the level of 0.7400.
NZD/USD weekly forecast on January 15 — 19, 2018
In favor of the growth of NZD/USD is the test of the support line on the indicator of relative strength index (RSI). Cancellation of the growth option will be a fall and breakdown of the area of 0.6970, which will indicate continuation of the fall of the pair NZD/USD.
NZD/USD weekly forecast on January 15 — 19, 2018 involves an attempt to test the lower border of the channel near the level of 0.7150 and the continuation of the growth of the NZD/USD pair to the area above the level of 0.7400, an additional signal in favor of growth will be a test of the support line on the indicator of relative strength index (RSI).
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