Technical analysis of NZD/USD 04/03/2019
Quotes of the NZD / USD currency pair show corrective growth within the formation of the downward channel. At the moment, we should expect a rebound from the upper boundary of the channel near the level of 0.6800 and a decrease in quotations below 0.6740.
In favor of reducing the New Zealand currency will test the resistance line on the RSI indicator. Cancellation of the fall of the pair will be continued growth and the breakdown of the area of 0.6840 (MA200), which will indicate continued growth of quotations.
Created by Joshua Hayn