ADVERTISEMENT

Wednesday, 06 April 2016 15:46 Written by

06.04.2016 - THE FALL OF THE NEW ZEALAND DOLLAR MAY CONTINUE AFTER THE RECENT CORRECTION by FXFINPRO CAPITAL

 

Price of the New Zealand dollar corrected upwards after reaching an inclined support line and in case of continuing upward momentum will reach resistance at 0.6875. On the other hand breaking through an inclined support line will lead to a continuation of the negative dynamics to the descending channel's lower border, and the level of 0.6600. Our medium-term outlook remains negative and the growth potential in the near future is limited.

 

 

Source: https://fxfinpro.com

Read 236 times Last modified on Wednesday, 06 April 2016 15:46

Comments (0)

Rated 0 out of 5 based on 0 votes
There are no comments posted here yet

ADVERTISEMENT

Forex Brokers Listed