The currency pair New Zealand Dollar US Dollar NZD USD continues to trade within a descending forex model 5-0 with a potential target of the fall below the level of 0.60. In favor of the continuation of falling of pair of quotes from current levels in favor completion of the formation of forex model failure swing on the indicator of relative strength.
Forecast New Zealand Dollar exchange rate November 2016
Cancellation option falling NZD USD quotations in November 2016 will be a strong growth and the breakdown of the area above the level of 0.76, which indicates the continuation of growth of pair in the area above the level of 0.79.
Forecast New Zealand Dollar exchange rate November 2016 suggests an attempt to continue the development of the downward trend within the forex mining model 5-0 with a potential target of the fall below the level of 0.60.
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