Technical Analysis of NZD/USD 01/26/18

Quotes of the NZD/USD currency pair continue to move within the rising channel. At the moment, we should expect an attempt to test the lower border of the channel near the level of 0.7330 and continue the growth in the area above the level of 0.7450.

In favor of the growth of the New Zealand currency will test the support line on the indicator RSI. Canceling the growth option, the fall and breakdown of the area is 0.7300, indicating that the quotes continue to fall.
Among the important news from New Zealand, which may affect the exchange rate of the pair NZD/USD, it is worth highlighting: the Consumer Price Index.

NZDUSD_STPH1

VN:F [1.9.22_1171]
Rating: 5.0/5 (1 vote cast)
5.0 out of 5 based on 1 rating

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>