NZD USD forex forecast — June 22, 2016


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Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to trade within the framework of the formation of topping model Forex double top.

NZD USD forex forecast — June 22, 2016

NZD USD forex forecast — June 22, 2016

At the moment, the pair quotes reached a local maximum level. There are still risks falling within the beginning of mining forex reversal patterns. An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength, which also involves the reduction of quotations already NZD USD from current levels. Cancellation option will be the fall of the New Zealand dollar strong growth of quotations of the pair above the level of 0.72.

NZD USD forex forecast — June 22, 2016 suggests an attempt to fall within the beginning of working out a reversal pattern double top for the purpose of falling below 0.69.


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