Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to move in the downward trend and currently has the capacity to support the field of breakdown at the level of 0.7150, which will point to the continued decline in the area below the level of 0.7050.
NZD USD Forecast New Zealand Dollar on February 23, 2017
In favor of the drop in prices will make a pair of tight test of the descending trend line on the indicator of relative strength.
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 on February 23, 2017 to try presupposes falling of pair of quotes in the area below the level of 0.7050 in the rebound from the upper border of the descending channel.
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