Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the rising channel. It is worth waiting for an attempt to lower to the area below the level of 0.7340 and then continue the growth of the pair above the level of 0.75.
NZD/USD technical analysis & forecast on July 26, 2017
In favor of the growth of the pair NZD/USD, there will be a tight test of the trend line on the indicator of relative strength index (RSI). Cancellation of the growth option for the NZD/USD pair will trigger a breakdown at the level of 0.7310, indicating that the pair will continue to decline.
Among the important news from New Zealand, which can have a strong impact on the New Zealand Dollar exchange rate, it is worth highlighting: Balance of foreign trade balance.
NZD/USD technical analysis & forecast on July 26, 2017 suggests a rebound from the lower border of the rising channel and the continuation of growth above the level of 0.75, the cancellation will be a breakdown of the level of the lower border of the channel.
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