Currency pair New Zealand Dollar to US Dollar NZD/USD is trading at 0.7322. The pair broke through Ichimoku Kinko Hyo Cloud and began to trade above its upper limit, which indicates an bullish trend in the pair New Zealand Dollar/US Dollar. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 0.7300, from which one should expect an attempt of growth and development of the bullish trend for the pair NZD/USD with the target of growth near the level of 0.7390.
New Zealand Dollar forecast NZD/USD on July 14, 2017
Earlier, we received a weak signal for buying of the pair New Zealand Dollar/US Dollar, due to the crossing of signal lines at the level of 0.7255. The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 0.7230, 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 0.7370.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link