Currency pair New Zealand Dollar to US Dollar NZD/USD is trading at 0.7251. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair New Zealand Dollar/US Dollar. The pair NZD/USD is expected to fall near the level of 0.7220, from which it is expected to try to grow and develop the bull tendency on the pair with the first growth target near the level of 0.7340.
New Zealand Dollar forecast NZD/USD on June 15, 2017
Earlier, a strong signal was received to buy a pair of New Zealand Dollar/US Dollar, due to the crossing of signal lines at the level of 0.7196. The cancellation of the growth of the pair’s quotations will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the area of 0.7110, 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 0.7300.
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