Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues moving inside the descending channel and currently retained potential for further reduction in the area below the level of 0.7065.
In favor of the New Zealand dollar quotations fall is the rebound values on the indicator of the relative strength of the downward trend line.
NZD USD Forecast New Zealand Dollar on February 20, 2017
Cancellation option will be a strong growth of quotations NZD USD above 0.7250 level, which indicates continued growth in an area above the level of 0.7300.
Among the important news from New Zealand that could affect the course of NZD/USD, is to provide, Producer Price Index.
NZD USD Forecast New Zealand Dollar on February 20, 2017 suggests an attempt to continue the reduction in the area below the level of 0.7065 in the rebound from the downward trend line on the indicator of relative strength.
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