Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to trade within the development and correction at the moment there is a potential for further reduction in the area below the level of 0.7050. We continue to hold short positions on the pair NZD/USD with a close stop.
NZD USD Forecast New Zealand Dollar on October 27, 2016
Cancellation option will be a strong growth of quotations of the New Zealand dollar above the level of 0.7290. In favor of the reduction in favor of formation of topping models forex head and shoulders on the indicator of relative strength.
NZD USD Forecast New Zealand Dollar on October 27, 2016 suggests an attempt to fall within the mining forex reversal patterns to reduce below 0.7050.
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