Technical analysis of NZD / USD

nzd34-min

Quotes of the NZD/USD currency pair continue to move in the ascending channel. At the moment, the bottom channel test near the 0.6950 level is possible and continuing growth to the area above the 0.7100 level.
In support of the pair growth, a support line test on the RSI indicator will come out. Canceling the quotes growth option will drop below the area of 0.68, indicating a lower channel breakdown and a further falling of the NZD/USD quotes.

NZDUSD_STPH4

 

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