The currency pair New Zealand Dollar NZD USD is trading above the Ichimoku Cloud, which implies an attempt to continue the growth of quotations. However, previously received a weak signal in favor of the sales, to consider short positions on the pair is a breakdown of the inferior border of the Ichimoku Cloud and close below 0.7060, which indicates the potential change in favor of a downward trend.
Forex NZD/USD Forecast on March 2017
At the moment, we can expect a tight test of the upper boundary of Ichimoku Cloud, which acts as a high-quality field support, rebound from this area and continued growth in the region above the level of 0.73. However, as a signal in favor of one hundred shopping intersection wait signal lines.
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