Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to trade within a descending channel and currently has the potential to test the upper boundary and the continuation of the fall to reduce the area below 0.70.
NZD USD Forecast New Zealand Dollar on October 18, 2016
Cancellation option will be a strong growth of quotations NZD USD above 0.7170 levels, which points to continued growth above the level of 0.7250.
NZD USD Forecast New Zealand Dollar on October 18, 2016 suggests an attempt to test the upper boundary of the channel, and continuing reduction in the framework of the descending forex model 1:1 in order to fall below the level of 0.70.
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