NZD/USD technical analysis & forecast on July 27, 2017


Quotations of the New Zealand Dollar against the US Dollar NZD/USD continue to test the area of ​​0.7430. It is worth waiting for an attempt to test the lower border of the channel and continue the growth of the pair above the level of 0.75.

NZD/USD technical analysis & forecast on July 27, 2017

In favor of the growth of quotations NZD/USD is the test of the trend line on the indicator of relative strength index (RSI). Cancellation of the growth option will be a drop and breakdown at the level of 0.7350, which will indicate the continuation of the decline.

NZD/USD technical analysis & forecast on July 27, 2017

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 technical analysis & forecast on July 27, 2017 suggests an attempt to increase to an area above the 0.75 level within the rebound from the lower border of the bullish channel, with a breakdown at the level of 0.7350.


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