Forex NZD/USD Forecast on March 2017


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

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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