Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the development of a fall. We should expect the test area of 0.81 attempts, from where you can try new selling the pair with the tight stop within mining reversal pattern Forex Head and Shoulders.
NZD USD Forecast New Zealand Dollar on December 2, 2016
The purpose of the fall of the New Zealand dollar quotations on the area below 0.6950. Cancellation option will be a strong growth of quotations NZD USD above 0.7180 level, which points to a continuation of the upward movement. Among the important news that could affect the course of the New Zealand dollar tomorrow December 2, 2016 stands out, change in the volume of building permits issued.
NZD USD Forecast New Zealand Dollar on December 2, 2016 assumes continuation of reduction within the mining reversal forex head and shoulders pattern with a potential to reduce to below 0.6950 area.
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