Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continued to fall, but again the values of the relative strength indicator is testing the support area, which may indicate a potential rebound of quotations and a pair of correction development.
NZD USD Forecast New Zealand Dollar on July 21, 2016
But do not rule out the continuation of the fall in the framework of working off a large downward wave pattern Wolfe with the potential to reduce the level below 0.66. Cancellation option of continuing drop in prices NZD USD will be strong growth and penetration of the local maximum level, but this version we think is unlikely in this situation.
NZD USD Forecast New Zealand Dollar on July 21, 2016 to try presupposes correction in the rebound from the support and continuation of decrease in the New Zealand dollar against the US currency.
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