The currency pair New Zealand Dollar NZD/USD is trading at the 0.6930 level. At the moment, the pair quotes are traded within Ichimoku Cloud is also necessary to speak about the presence of a lateral trend for the pair.
Analysis Ichimoku Kinko Hyo NZD/USD on January 4, 2017
Consider opening positions is only with the breakdown of one of the borders of Ichimoku Cloud. Now, almost took the intersection of the signal lines to fall, but it is important to see to confirm the breakdown of the lower limit of the Ichimoku Cloud to close below the 0.6880 area, which point to continued decline.
However, the breakdown of clouds up soon provoke a continued growth in the region above the level of 0.7050.
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