FOREX NZD USD predictions May 12 2016


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The currency pair New Zealand dollar NZD USD Forex correction continues development. Currently we should expect the test of the neckline is broken pivot forex head and shoulders pattern. However, further more we will attempt to fall within the framework of the continuation of mining reversal pattern. We continue to hold the sale NZD USD and are ready to increase sales with the tight stop. The overall goal of the fall and the mining model head and shoulders is the area below the level of 0.66. Cancellation option will increase in quotes above the New Zealand dollar level of the right shoulder.

FOREX NZD USD predictions May 12 2016

FOREX NZD USD predictions May 12 2016

Thus, FOREX NZD USD predictions May 12 2016 the level of the test involves an attempt above 0.6830, where we can expect continuation of falling of quotations NZD USD.


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