Currency pair New Zealand Dollar to US Dollar NZD/USD is trading at 0.6931. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an bullish trend in the pair New Zealand Dollar to US Dollar NZD/USD. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level 0.6900, from which one should expect an attempt of growth and development of a bullish trend for a pair NZD/USD with a target of growth near the level 0.7000.
NZD USD forecast New Zealand Dollar on May 19, 2017
Earlier, a weak signal was received for buy of the pair New Zealand Dollar to US Dollar NZD/USD, due to the crossing of the signal lines at the level of 0.6882. The cancellation of the growth of the quotations of the pair will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 0.6860, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations NZD/USD with the breakdown of the local maximum area at 0.6980.
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