Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the limits of the decline. At this point, you should expect to try the upper bound level test and continue falling with a target below 0.6940.
NZD/USD prediction & technical analysis on November 21, 2017
In favor of reducing the pair 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 breakout of the area of 0.6930, which will indicate the continued growth of NZD/USD.
NZD/USD prediction & technical analysis on November 21, 2017 presupposes a 0.6810 test at the start of the pair’s growth with a target above 0.6930, the cancellation of the NZD/USD growth option will be a breakdown at the level of 0.6740.
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