Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the limits of the decline. It is worth to wait for the test of the level of 0.7090 and continuation of the fall in the area below the level of 0.7010.
NZD/USD prediction & technical analysis on October 13, 2017
In favor of the fall of the pair on Forex will test the trend line on the indicator of relative strength index (RSI), as well as test the upper boundary of the bearish channel. The cancellation of the variant of the New Zealand Dollar price drop on Forex will be the breakdown of the area of 0.7140, which will indicate the continued growth of the pair.
NZD/USD prediction & technical analysis on October 13, 2017 suggests an attempt to test the upper limit of the bearish channel and the continuation of the decline of quotations below the level of 0.7010, the cancellation of the fall variant will be the breakdown of the area of 0.7140, which will indicate the continued growth of the pair.
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