Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to test the area at the level of 0.7140. However, at the moment conserved potential for falling of pair of quotes in the area below the level of 0.7050.
Forex forecast New Zealand Dollar NZD/USD on October 31, 2016
We continue to hold the sale NZD USD with a tight stop and willing to try new as the New Zealand dollar decline in prices.
Forex forecast New Zealand Dollar NZD/USD on October 31, 2016 suggests an attempt to fall in the rebound from the upper border of the descending channel with the immediate goal at a level below the area of 0.7050; the cancellation will be a strong growth of quotations of the pair above the 0.7280 level.
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