Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the upward momentum. It is worth waiting for an attempt to fall into the area below the level of 0.7160.
NZD/USD forecast & technical analysis on July 17, 2017
In favor of falling quotations of the pair NZD/USD is the test of the resistance area on the indicator of relative strength index (RSI). The reversal of the fall of the pair will be a strong growth and breakdown at the level of 0.7380, which will indicate continued growth.
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 within the technical analysis NZD/USD.
NZD/USD forecast & technical analysis on July 17, 2017 suggests an attempt to reduce the values of the relative strength indicator from the resistance area within the rebound, the target of the fall is the area at the level of 0.7160.
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