Quotes of the currency pair New Zealand dollar against the US dollar NZD USD could update the lows, but in the near future we expect an attempt upward correction in the area above the level of 0.71.
Forecast New Zealand Dollar NZD/USD on 07.22.2016
Cancellation option can be a continuation of falling of quotations NZD USD below 0.6950, it will point to the continued reduction and refinement bearish Wolfe wave model. An additional benefit of the start signal upward correction in favor formation of inverted head and shoulders pattern on the display indicator RSI.
Forecast New Zealand Dollar NZD/USD on 07.22.2016 involves correction of an attempt within the mining reversal pattern on the indicator RSI.
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