Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the growth, but at the moment we should expect a rebound and a drop in quotations to the area below the level of 0.6950.
NZD/USD Forecast New Zealand Dollar on April 17, 2017
Where can we expect another bounce and continue the growth of the pair in the area above the level of 0.7020. In favor of growth, a dense test of the ascending trend line on nectar of relative strength will perform.
Important news from New Zealand, which may have an impact on the NZD/USD exchange rate, is not expected, so the pair will continue to move in the technical analysis of NZD/USD.
NZD/USD Forecast New Zealand Dollar on April 17, 2017 suggests an attempt to fall below 0.6940 as part of the completion of the formation of the bullish 5-0 model, which would indicate a rebound and growth of the pair’s quotations above 0.7020, Channel, indicating that the pair continues to decline.
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