Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to move in the correction and is currently retained potential for growth in a pair of quotes resistance area, where we should expect a rebound attempt and the beginning of fall to below 0.7080.
NZD USD Forecast New Zealand Dollar on February 16, 2017
In favor of a downlink test the New Zealand dollar quotations falling trend in the indicator will perform relative strength that will point to a continuation of the fall. Cancellation option will be a breakdown of 0.7260 area, which point to continued growth in the region above the 0.7350.
Important news from New Zealand that could affect the course of NZD/USD, is expected, so the pair will continue to move in the NZD/USD technical analysis.
NZD USD Forecast New Zealand Dollar on February 16, 2017 suggests test resistance area and attempt to start falling in the rebound from the resistance line on the display of relative force to fall to below 0.7080 area.
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