Quotations of the currency pair New Zealand Dollar against the US Dollar NZD/USD continue to be traded in the downward channel at the level of 0.6984. It is worth waiting for an attempt to continue lowering the quotes of the pair into the area below the level of 0.6880.
NZD/USD New Zealand Dollar Forecast on April 26, 2017
In favor of the fall is the breakdown of the ascending trend line on the indicator of relative strength. The cancellation of the NZD/USD decline will result in a strong increase in the breakdown of the 0.7060 area, which indicates that the New Zealand Dollar pair will continue to grow against the US Dollar.
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 in the technical analysis of NZD/USD.
NZD/USD New Zealand Dollar Forecast on April 26, 2017 suggests an attempt to continue lowering the quotations in the area below the level of 0.6880 within the rebound from the upper boundary of the downward channel, the breakdown will be the breakdown of the area of 0.7060.
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