Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to move in the decline and now has the potential to continue fall to below 0.7050. In favor of a continuation of the fall of the New Zealand Dollar quotations acts sample support line on the indicator of relative strength.
NZD USD Forecast New Zealand Dollar exchange rate on March 2, 2017
We continue to hold a pair of sales and trying new deal in favor of the NZD/USD falling. Cancellation option fall camp breakdown resistance region with closing above 0.7150 area, which indicates continued growth in an area above the level of 0.72.
Important news from New Zealand that could affect the course of NZD/USD, is expected, so the pair will continue to move in the technical analysis of the NZD/USD.
NZD USD Forecast New Zealand Dollar exchange rate on March 2, 2017 suggests an attempt to drop to the lower boundary of the rising pattern 5-0 at the level of 0.7050, a break of this level will indicate continued decline.
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