Quotations of the currency pair New Zealand Dollar against the US Dollar NZD/USD continue to test the local minimum area, we should expect an attempt to continue falling into the area below the level of 0.6750. In favor of the fall, breakdown of the trend line on the indicator of relative strength.
NZD/USD New Zealand Dollar Forecast on May 15, 2017
However, do not exclude the attempt to test the broken trend line and only then expect a continuation of the fall. Canceling the option of reducing the quotations NZD/USD will be a breakdown of the area of 0.69.
Among the important news from New Zealand, which may have an impact on the NZD/USD exchange rate, it is worth highlighting, the change in the volume of retail trade.
NZD/USD New Zealand Dollar Forecast on May 15, 2017 involves an attempt to test the broken line of a turn on the relative strength indicator and continue falling quotations in the area below the level of 0.6750, the cancellation will be the breakdown of the area 0.69.
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