Currency pair New Zealand dollar to US dollar NZD/USD is trading at 0.6983. Quotations The pair broke through the Ichimoku Cloud and began to trade below its level, indicating a downward trend in the New Zealand Dollar. It is expected to test the lower boundary of the Ichimoku Cloud near the level of 0.7010, from which one should expect an attempt to fall and develop a bearish trend for this pair in order to reduce the level of 0.6890.
Ichimoku Forecast NZD/USD on April 3, 2017
Earlier, a medium strength signal was received for the sale of the New Zealand Dollar pair of the US dollar, due to the intersection of signal lines at the level of 0.7030. Cancellation of the variant of the fall will be a breakdown of the upper boundary of the Ichimoku Cloud with the closing of quotations above the area of 0.7060, which indicates a change in the downward trend in favor of the ascending trend. Expect to accelerate the fall in quotes NZD/USD stands with the breakdown of the local minimum area at 0.6960.ф
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