Quotes of the currency pair New Zealand dollar against the US dollar NZD USD show a drop in the framework of the beginning of working out a bearish Wolfe wave model.
NZD USD Forex forecast for July 15, 2016
The purpose of the fall is still the area at a level below 0.70. Cancellation option quotes to continue falling NZD USD will be strong growth of the pair above the 0.7350 level, which points to a continuation of the uptrend. We hold a deal to sell and are ready to increase the volume of short positions on the pair NZD USD in case of continuation of the fall.
NZD USD Forex forecast for July 15, 2016 involves the development of a downward correction in the framework of the beginning of working out a bearish wave Wolfe with a potential target below the level of 0.70.
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