The currency pair New Zealand Dollar NZD/USD closed the week at 0.7194. To date, the potential is retained for the beginning of falling of pair within quotation start of the descending pattern Wolfe waves. NZD/USD quotes Cancellation option will drop the strong growth of the pair above the 0.7350 level, which points to continued growth in the region above the level of 0.75.
Forex NZD USD forecast for the week 15 August — 19 August, 2016
The overall target of the pattern is the area on the level below 0.66. Forex NZD USD forecast for the week 15 August — 19 August, 2016 suggests an attempt to drop the New Zealand dollar as part of the beginning of the descending pattern Wolfe waves.
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