Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continued to fall, and at the moment there is a potential for further reduction to below 0.70. In favor of such an option in favor formation of the model’s head and shoulders on the relative strength indicator, implying a strong fall already from current levels.
Forex Technical Analysis NZD USD Forecast October 13, 2016
Cancellation option will increase in quotes NZD USD above 0.70 levels. We continue to hold sales and open new business in favor of reducing the New Zealand dollar.
Forex Technical Analysis NZD USD Forecast October 13, 2016 suggests an attempt to fall within the mining forex head and shoulders pattern on the indicator of relative strength.
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