Currency pair New Zealand Dollar to US Dollar NZD/USD continue to be traded within the framework of the «Triangle» model. It is worth to wait for the attempt of breakdown of the tender border and continuation of the pair’s fall into the area below the level of 07130.
NZD/USD technical analysis & signals on June 22, 2017
In favor of the drop in NZD/USD quotes, the upward trend line on the relative strength indicator breaks out. The abolition of the fall variant will be the breakdown of the local maximum region.
Among the important news from New Zealand, which can have a strong impact on the New Zealand Dollar exchange rate, it is worth highlighting: The Reserve Bank of New Zealand’s decision on the basic interest rate, the Covering Statement.
NZD/USD technical analysis & signals on June 22, 2017 involves an attempt to fall below 0.7130 within the «Triangle», and the cancellation will be a breakdown of the local maximum level, indicating that growth will continue.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
