Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within expectations. At this point, we should expect an attempt to correct the pair’s quotations in the area below the level of 0.7440.
NZD/USD forecast & technical analysis on July 28, 2017
In favor of the fall of the pair NZD/USD is the test of the trend line on the indicator of relative strength index (RSI). Cancellation of the fall version will break through the level of 0.76, indicating that the pair continues to grow.
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 28, 2017 suggests an attempt to fall to the area of the lower border of the bullish channel at the level of 0.7440, from which one should expect a rebound and continued growth of the pair.
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