Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to move in the correction and at the moment there is a potential for a tight test resistance area, where once again we can expect the fall with the first target at the level below the area of 0.7050.
Forecast New Zealand Dollar (NZD/USD) on February 28, 2017
In favor of the version of the fall of quotations NZD/USD appears tight test downward trend line on the indicator of relative strength. Cancellation option will make the sample fall of quotations 0.7250 area, which point to continued growth in the region above the level of 0.7320.
Among the important news from New Zealand that could affect the course of NZD/USD, is to provide, Balance of foreign trade, the confidence indicator in the business environment of ANZ.
Forecast New Zealand Dollar (NZD/USD) on February 28, 2017 assumes fall attempt in the rebound from the resistance of the field with a potential target of the fall in the level of 0.7050.
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