Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continued development fall within the beginning of working out a reversal forex head and shoulders pattern on the display of relative force to drop below the level of 0.7050.
NZD USD Forecast New Zealand Dollar on October 28, 2016
Cancellation option will be a strong growth of quotations of the New Zealand Dollar above 0.7290 levels, which indicates an increase continued NZD/USD. We continue to hold the sale of the New Zealand dollar with a close stop and try new short positions on the pair.
NZD USD Forecast New Zealand Dollar on October 28, 2016 suggests an attempt to continue falling within the mining model on forex indicator of the relative strength in order to reduce to below 0.7050 areas.
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