NZD USD Forecast New Zealand Dollar on February 7, 2017


Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the upward correction, but at the moment there is still a potential for falling within the forex began mining model Triangle, with a breakdown of the model is expected to accelerate the downward fall to 0.72.

NZD USD Forecast New Zealand Dollar on February 7, 2017

Cancellation option will be a strong growth of quotations NZD/USD above the local maximum level that points to continued growth. We try to sell the pair with the tight stop. In favor of the version of the fall will make the test downward trend line on the indicator of relative strength.

NZD USD Forecast New Zealand Dollar on February 7, 2017

Among the important news from New Zealand that could affect the course of NZD/USD, is to provide, Changing global index for dairy products prices.

NZD USD Forecast New Zealand Dollar on February 7, 2017 suggests an attempt to fall within the beginning of mining forex triangle patterns with the immediate goal of the fall to a level below 0.72 areas.


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