Currency pair New Zealand Dollar to US Dollar NZD/USD is trading at 0.7266. The pair broke through the Ichimoku Kinko Hyo Cloud and began to trade below its lower limit, indicating a downward trend in the New Zealand Dollar Dollar pair. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 0.7270, from which one should expect an attempt to fall and develop a bearish trend for the NZD/USD pair in order to decrease near the level of 0.7180.
NZD/USD forecast New Zealand Dollar on July 6, 2017
Earlier, a weak signal was received for the sale of the pair New Zealand Dollar US Dollar, due to the intersection of signal lines at the level of 0.7300. Cancellation of the fall of the pair quotes will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 0.7320, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations NZD/USD is worth a breakdown of the local minimum area. At the level of 0.7210.
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