Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to move in the upward correction and currently quotes able to update the maximum area.
In the near future is expected to test the upper boundary of a dense forex triangle patterns on the indicator of the relative strength and the continued decline in the area of the broken boundary of the descending channel.
NZD USD Forecast New Zealand Dollar on February 1, 2017
In the case of a breakdown the upper boundary of the model triangle is expected to accelerate the growth of quotations in the area above the local maximum level.
Among the important news from New Zealand, is to provide, Employment Change, Unemployment Rate.
NZD USD Forecast New Zealand Dollar on February 1, 2017 suggests an attempt to rise above the level of 0.7340 and started falling in the rebound from the upper boundary of the triangle pattern with the target of the fall in the level of 0.72.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
