Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the completion of the upward correction and currently quotes showed a significant decrease.
We continue to keep selling the pair NZD/USD and are willing to try new sale at the time of the test punched resistance level.
Forecast New Zealand Dollar (NZD/USD) on February 10, 2017
The purpose of the fall is the area on the level below the 0.7080 area. Cancellation option will attempt to increase the New Zealand dollar quotations higher than 0.74, which points to continued growth in NZD/USD quotes.
Important news from New Zealand is not expected, so the pair will continue to move in the technical analysis of the NZD/USD.
Forecast New Zealand Dollar (NZD/USD) on February 10, 2017 suggests an attempt to fall in the rebound from the resistance level punched in order to reduce the level of 0.7080.
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