Currency pair New Zealand Dollar to US Dollar NZD/USD is trading at 0.7239. The pair is trading within the Ichimoku Kinko Hyo Cloud, indicating a sideways trend for the New Zealand Dollar Dollar. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.7240 level, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 0.7210.
NZD/USD forecast New Zealand Dollar June 22, 2017
Earlier, a signal of medium strength was obtained for the sale of the New Zealand Dollar, due to the crossing of the signal lines at the level of 0.7243. To consider selling costs with the breaking of the lower boundary of the Ichimoku Kinko Hyo Cloud and the closing of quotations below the level of 0.7180, in case of breaking through the upper boundary of the Ichimoku Kinko Hyo Cloud, we should expect the continuation of the upward trend development according to NZD/USD.
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