Currency pair New Zealand Dollar to US Dollar NZD/USD is trading at 0.7281. The pair is trading within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the New Zealand Dollar to US Dollar. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.7270 level, from which it is expected to test the upper boundary of the Ichimoku Kinko Hyo Cloud near the level of 0.7300.
New Zealand Dollar forecast NZD/USD on July 5, 2017
Earlier, a strong signal was received to buying a pair of New Zealand Dollar/US dollar, due to the crossing of signal lines at the level of 0.7297. Consider buying the pair is with the breaking of the upper boundary of the Cloud Ichimoku Kinko Hyo and closing of quotes above the level of 0.7330, in the case of breaking the lower boundary of the Cloud Ichimoku Kinko Hyo, we should expect the continuation of the bearish trend in NZD/USD.
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