Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to trade below the boundaries of the Forex Triangle model. It is worth waiting for an attempt to test the area of 0.6920 and continue the fall in the area below the level of 0.68. The cancellation of the option will be a strong growth and breakdown of the area of 0.7020. Expect to accelerate the fall in the quotes of the NZD/USD pair is with the breakdown of the local minimum area.
NZD/USD Forecast New Zealand Dollar on May 5, 2017
Among the important news from New Zealand, which can have a strong impact on the New Zealand Dollar exchange rate, it is worth highlighting, Expected inflation in two years.
NZD/USD Forecast New Zealand Dollar on May 5, 2017 suggests an attempt to continue the decline after a minor correction to the area above 0.6920, where we can expect the pair to continue falling below 0.68.
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