Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the continuing decline and at the moment there is a potential for rapid breakdown of support area at 09.7180 and falling to below the level of 0.7050.
Forecast New Zealand Dollar (NZD/USD) on February 14, 2017
Cancellation option will attempt to simple quotations of the New Zealand dollar to above 0.74 level. Also, do not attempt to exclude the correction of quotations in the area above the level of 0.72, where again we can expect the fall.
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 14, 2017 suggests an attempt to continue falling with the potential to reduce to below 0.7750 area.
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