Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to closely test the upper limit of the downward channel. Here, values of the relative strength indicator testing resistance area, which also indicates a potential drop NZD/USD quotes in the area below the level of 0.70. We continue to hold the sale and ready to try new deal with the development of the fall of quotations of the New Zealand Dollar.
NZD USD Forecast New Zealand Dollar on October 20, 2016
Cancellation option will be a strong growth of quotations NZD USD above 0.7260 levels, which points to the breakdown of the top border and the continued growth of quotations.
NZD USD Forecast New Zealand Dollar on October 20, 2016 suggests an attempt to fall in the rebound from the upper border of the channel with a potential target below the level of 0.70.
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