Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the formation of topping models forex head and shoulders, and is currently retained potential for continuation of falling of pair.
NZD USD Forecast New Zealand Dollar on January 31, 2017
Is expected to accelerate the fall is a breakdown of the rising channel’s lower border, the immediate goal of the fall is the area on the level below 0.7120.
Cancellation option will be a strong growth area and the breakdown of 0.7350, which indicates continued growth of quotations en NZD/USD above the 0.7480 level.
We try aggressive sales New Zealand Dollar with the tight stop and are ready to increase the volume of sales with a decrease in development.
Important news from New Zealand tomorrow is not expected, so the pair will continue to move in the technical analysis of the NZD/USD.
NZD USD Forecast New Zealand Dollar on January 31, 2017 suggests an attempt to start mining within forex pivot model head and shoulders with the immediate goal to below 0.7120 area.
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