Currency pair New Zealand Dollar to US Dollar NZD/USD is trading at 0.6953. The pair broke through the Ichimoku Kinko Hyo Cloud and began to trade above its upper limit, indicating an bullish trend in the pair New Zealand Dollar to US Dollar NZD/USD. The pair is expected to fall near 0.6920, from which it is expected to try to grow and develop a bullish trend for the pair with a target of growth near the 0.7020 level.
Ichimoku Kinko Hyo forecast NZD/USD on May 23, 2017
Earlier, a weak signal was received for buy of the pair New Zealand Dollar to US Dollar NZD/USD, due to the crossing of the signal lines at the level of 0.6882. The cancellation of the growth of the quotations of the pair will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 0.6860, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations NZD/USD stands with the breakdown of the local maximum area at the level of 0.6990.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
