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, we should expect a test of the resistance level near 0.7040 and the continuation of the fall below 0.6850.
NZD/USD prediction & technical analysis October 24, 2017
In favor of the growth of the pair on Forex is the 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 to Forex will be the breakdown of the area of 0.6950, which will indicate the breakdown of the lower border of the canal and acceleration of the fall.
NZD/USD prediction & technical analysis October 24, 2017 suggests an attempt to correct the resistance and continue falling below 0.6850, the elimination of the growth variant will be a breakdown of the area of 0.6950.
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