Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the descending channel and are currently testing the area at 0.7011. It is worth waiting for an attempt to continue the decline in the area below the level of 0.69 within the jail from the upper boundary of the descending channel.
NZD/USD Forecast New Zealand Dollar on April 24, 2017
The cancellation of the variant of the New Zealand Dollar quotes drop will be the breakdown of the area of 0.7060, which will indicate the continued growth of the pair’s quotes.
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 24, 2017 suggests a fall attempt within the rebound from the upper boundary of the downward channel with a potential drop target near the 0.69 area, with the breakdown of the 0.7070 area becoming a cancellation.
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