Currency pair New Zealand Dollar to US dollar NZD/USD is trading at 0.7012. The pair is trading above the upper limit of the Ichimoku Cloud, indicating an upward trend in the New Zealand Dollar. The test of the Ichimoku Cloud signal line near the level of 0.6990 is expected, from which it is expected to try to grow and develop the bullish tendency for the pair with the purpose of growth near the level of 0.7050.
Ichimoku Kinko Hyo NZD/USD prediction on April 18, 2017
Earlier, we received a weak signal for purchases of the New Zealand Dollar pair of the US Dollar, due to the intersection of the signal lines at 0.6960. The cancellation of the growth option will be the breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 0.6950, which will indicate a shift in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations NZD/USD stands with the breakdown of the local maximum area at the level of 0.7010.
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