The currency pair NZD/USD continues to be traded on forex in the model of the broadening formation with the potential to fall below the 0.6460 area. Cancellation option is growth of NZD/USD above the level of 0.69. We continue to hold the sale of a NZD and try new aggressive selling of the pair with the tight stop.
NZD/USD technical analysis and forecast on March 29
Thus, the forecast for NZD/USD on 03.29.2016 assumes the continuation of NZD/USD fall to 0.6460 level, with the development of the fall we are ready to increase the volume of sales of NZD against the USD.