Quotes of the currency pair New Zealand dollar against the US dollar NZD USD finished the trading week at 0.7179. At the moment, preserved potential to continue to fall below the level of 0.69, in favor of the continuation of decrease in pair variant performs the movement inside the descending channel, as well as a rebound from the descending trend line on the indicator of relative strength.
NZD USD Forecast on February 20, 2017 — February 24, 2017
Cancellation option will be a strong growth of quotations NZD/USD above the 0.7370 level, which indicates the continuation of a pair of quotes growth to above the level of 0.75. Is expected to accelerate the fall of quotations hundred ton breakdown of local minimum below 0.7120.
Among the important news from New Zealand in the next trading week, which may influence the course of NZD USD, is to provide, Changing global price index for dairy products 21 February 2017.
NZD USD Forecast on February 20, 2017 — February 24, 2017 suggests an attempt to continue to fall below the potential to reduce the area of 0.69, in favor of the fall is the relative strength of the rebound of the indicator values of the descending trend line.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
