Forecast New Zealand Dollar (NZD/USD) on February 27, 2017


Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to move in the rebound from the resistance area, the first goal of the fall is the area on the level below 0.7060. In favor of a drop in prices NZD/USD stands to rebound from the downtrend line on the indicator of relative strength.

Forecast New Zealand Dollar (NZD/USD) on February 27, 2017

Cancellation option will be the fall of the strong growth and the breakdown of 0.7260 area, which point to continued growth in the region of a local maximum. Important news from New Zealand that could affect the course of NZD/USD, is expected, so the pair will continue to move in the technical analysis of the NZD/USD.

Forecast New Zealand Dollar (NZD/USD) on February 27, 2017

Forecast New Zealand Dollar (NZD/USD) on February 27, 2017 assumes fall attempt in the rebound from the resistance of the field with a potential target of the fall to below 0.7060 area, the cancellation will be the breakdown of the area 0.7260.


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