NZD USD forecast next week 23.05.2016 — 27.05.2016


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The currency pair New Zealand dollar NZD USD ends week extension of the current fall. At the moment, there is the potential to see a test of the rising channel’s lower border.

NZD USD forecast next week 23.05.2016 — 27.05.2016

NZD USD forecast next week 23.05.2016 — 27.05.2016

We continue to hold the sale NZD USD. Already near the lower boundary of the channel at the level of 0.66, should try to buy. An additional signal in favor of the growth is the beginning of the test the support line on the indicator of relative strength. Cancellation option of growth within the mining bovine model 5-0, will break through the bottom of the channel.

NZD USD forecast next week 23.05.2016 — 27.05.2016 assumes fall to 0.66, which is expected to continue the growth of quotations NZD USD.

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