05.03.2015 - The New Zealand dollar price can change the trend
The price of the New Zealand dollar has broken through the lower boundary of the rising channel and may soon reach the level of 0.7500. Fixing the price below this level will become a confirmation of a sell signal with the objectives at 0.7440, 0.7340 and 0.7200. In this case, we recommend setting the stop above 0.7620. At the moment, there is a possibility of an upward rebound of the price to the level of 0.7600. We recommend to wait for a signal to open positions.