NZD/USD daily forecast: May 11 2016



The currency pair New Zealand dollar NZD USD Forex continues to fall within the mining model forex head and shoulders, but already at the moment there is a potential for the development of upward correction in the region at the level of 0.68 to test the neckline is broken. Cancellation of the same variant of continuation of falling within the mining forex head and shoulders pattern will increase in quotes above 0.7050 levels.

NZD/USD daily forecast: May 11 2016

NZD/USD daily forecast: May 11 2016

Thus, NZD/USD daily forecast: May 11 2016 suggests an attempt correction in the rebound from the support area on the indicator RSI.


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