NZD USD FOREX forecast for today — June 3, 2016


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The pair NZD USD New Zealand dollar continued growth in line with expectations. At the moment there is a potential for continued growth in the framework of completion of work on the broken wedge model.

NZD USD FOREX forecast for today — June 3, 2016

NZD USD FOREX forecast for today — June 3, 2016

However, here there is also a test downward trend line on the indicator of relative strength, which implies a drop nzd / usd quotations in the area below the level of 0.6750. Our positions were closed on the market at a profit. At the moment, we expect the development of movements in the pair, and only after that are willing to try to buy with tight stop. NZD USD FOREX forecast for today — June 3, 2016 suggests a correction in the area at the level of 0.6750, where is expected to continue nzd/usd growth.


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