Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the framework of the bullish correction. At this point, we should expect a test of the resistance level near 0.7030 and the continuation of the fall with a target below 0.6730.
NZD/USD prediction & technical analysis on November 10, 2017
In favor of reducing the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the New Zealand Dollar forex quotation will result in a strong growth and breakdown of the area of 0.7085, which will indicate the breakdown of the upper border of the channel and the continuation of NZD/USD growth.
NZD/USD prediction & technical analysis on November 10, 2017 suggests a rebound from the resistance level and the continuation of the fall of the pair with a target below 0.6730, a test of the trend line on the relative strength indicator (RSI), the abolition of the NZD/USD drop scenario will be a strong signal in favor of the decline there will be strong growth and breakdown of the area of 0.7085.
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