NZD/USD Forecast May 30, 2016 — June 3, 2016


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The currency pair New Zealand Dollar NZD/USD continues to trade within the bovine model 5-0. To complete this model uplink test is necessary to see the bottom border at a level below 0.66.

NZD/USD Forecast May 30, 2016 — June 3, 2016

NZD/USD Forecast May 30, 2016 — June 3, 2016

We continue to hold the sale NZD USD prior to the test the lower limit. An additional signal in favor of growth will test the rising trend line on the indicator of relative strength. Cancellation option of falling may be the continued growth of quotations of the New Zealander and breaks the level of 0.6850.

NZD/USD Forecast May 30, 2016 — June 3, 2016 assumes depreciation NZD/USD in the area of the lower boundary of the model 5-0, where you can try to buy the pair with the tight stop.


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