Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to decline within the mining punched bandwidth. At the moment, there is also formed a triangle pattern, the breakdown of which points to continued downward decline to below the level of 0.68. Cancellation option will be a strong growth of quotations of the New Zealand dollar above the level of 0.6950.
NZD USD Forecast New Zealand Dollar on December 26, 2016
We continue to hold the sale NZD USD and try to build up an aggressive stance in favor of fall.
NZD USD Forecast New Zealand Dollar on December 26, 2016 suggests an attempt to fall within the mining model and Triangle with the potential to decrease below the level of 0.68, cancellation scenario will be strong growth in the New Zealand dollar quotes above level 0.6950.