Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the fall. At this point, we should expect an attempt to test the level of 0.6820 and continue growth in the area above the level of 0.6980.
NZD/USD prediction & technical analysis on December 1, 2017
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). Cancellation of the variant of growth of quotations of the New Zealand Dollar on Forex will be the fall and breakdown of the area of 0.6760, which will indicate the continuation of the fall of NZD/USD.
NZD/USD prediction & technical analysis on December 1, 2017 assumes an attempt to test the level of 0.6820 and continue growth as part of the development of the «Head and Shoulders» reversal pattern with the aim of growth above 0.6980, the abolition of the NZD/USD growth option will be a breakthrough at 0.6760 level.
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