Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to move in the growth of the pair was able to leave the descending channel limits and at the moment there is a potential for a tight test area above the level of 0.7250, where is again pressed attempt quotations fall inside the descending trend line test relative strength indicator.
Forex forecast New Zealand Dollar (NZD/USD) on February 24, 2017
In the case of the continued growth of quotations of the New Zealand dollar to above the level of the local maximum is expected to complete the formation of the forex bearish wave pattern Wolfe.
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.
Forex forecast New Zealand Dollar (NZD/USD) on February 24, 2017 involves test 0.7250 area try, where we should expect another attempt to reduce the pair with the target fall in the level of 0.7090.
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