Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the downward trend, but at the moment there are risks to see test 0.7165 areas and only after that is the continuation of the fall. However, there is a test for trend downlink relative power indicator indicating the drop since the current levels. We continue to keep selling the pair with the tight stop.
Forex NZD USD Forecast October 17, 2016
However, in the case of growth of the upper boundary of the channel we are ready to try new sales with the tight stop. There will be a cancellation of the strong growth and leaves the channel. The purpose of the fall is the area on the level below 0.70.
Forex NZD USD Forecast October 17, 2016 suggestsas the primary option has attempted drop from current levels, but do not rule out the test the upper boundary of the channel.
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