Currency pair New Zealand Dollar US Dollar NZD/USD is trading at 0.6863 and continues to move in growth. The pair is trading above the upper limit of the Ichimoku Kinko Hyo Cloud. This indicates the presence of an upward trend for the New Zealand Dollar pair. As part of the New Zealand Dollar Forecast NZD/USD March 14, 2019. A test of the upper limit of the Ichimoku Kinko Hyo Cloud is expected near the level of 0.6840. Where should we expect an attempt to rebound and further growth of the pair NZD/USD. The target of this movement is the area near the level of 0.6940.
New Zealand Dollar Forecast NZD/USD March 14, 2019
An additional signal in favor of the growth of the NZD/USD currency pair will be a rebound from the support area. Earlier, a weak signal was received for BUY the New Zealand Dollar pair. The signal was formed due to the intersection of signal lines at the level of 0.6775.
Cancellation of the growth option of the NZD/USD pair quotes will be the breakdown of the lower border of the Ichimoku Kinko Hyo Cloud with the closing of quotes below 0.6765. This option will indicate a change in the upward trend in favor of the downward trend and the continuation of the fall of the pair. Expect to accelerate the growth of quotations NZD/USD stands with the breakdown of the upper boundary of the upward channel and closing above 0.6895.
New Zealand Dollar Forecast NZD/USD March 14, 2019 implies an attempt to test the support level near the level of 0.6840. Where can we expect to continue the growth of the currency pair with a potential target near the level of 0.6940. Cancellation of the lifting of the pair will be the breakdown of the area of 0.6765. This will indicate that the pair will continue to decline in Forex with a target below 0.6645.