NZD/USD prediction & technical analysis on November 14, 2017


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Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction. At this point, we should expect an attempt to test the upper border of the channel near 0.6920 and continue the fall with a target below 0.6740. In favor of reducing the pair on Forex will test the resistance line on the indicator of relative strength index (RSI).

NZD/USD prediction & technical analysis on November 14, 2017

The cancellation of the New Zealand Dollar forex quotation will result in a strong growth and breakdown of the 0.7015 area, which will indicate the breakdown of the upper border of the channel and the continuation of NZD/USD growth.

NZD/USD prediction & technical analysis on November 14, 2017

NZD/USD prediction & technical analysis on November 14, 2017 suggest a rebound from the upper border of the channel and the continuation of the fall of the pair with a target below 0.6740, an additional signal in favor of the decline will be a test of the trend line on the indicator of relative strength index (RSI), the abolition of the NZD/USD will be strong growth and breakdown at the level of 0.7015.

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