Currency pair New Zealand Dollar to US Dollar NZD/USD is trading at 0.7212. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in the pair New Zealand Dollar US Dollar. The currency pair NZD/USD is expected to fall near the level of 0.7180, from which it is expected to try to grow and develop the bullish tendency for the pair with the target of growth near the level of 0.7290.
NZD/USD forecast New Zealand Dollar on June 14, 2017
Earlier, a strong signal was received to buying a pair New Zealand Dollar/US Dollar, due to the crossing of signal lines at the level of 0.7196. The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 0.7110, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations NZD/USD stands with the breakdown of the local maximum area at the level of 0.7260.
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