The currency pair New Zealand dollar NZD USD continues to test the neckline tight, with a breakdown can be expected to continue trying to fall within the mining forex reversal patterns with the potential to reduce the level below 0.66 area.
NZD USD Forecast New Zealand Dollar on November 17, 2016
We try aggressive selling the pair with the tight stop and are ready to step up the sale of the New Zealand dollar as of the fall. Cancellation option mining forex reversal pattern will be a strong increase in quotes above the level of 0.74, which indicates a continuation of an upward trend.
NZD USD Forecast New Zealand Dollar on November 17, 2016 suggests an attempt to fall and started working out the forex head and shoulders pattern with a potential to reduce the level below 0.66 areas.