09.04.2015 - In the near future we may see a strong price movement of NZD/USD

The price of the New Zealand dollar is consolidating between the sloping support line and resistance at 0.7620. In case of breaking 0.7620, the price will rise to 0.7700. On the other hand, fixing the price below the important level of 0.7500, will be a signal for sale with the targets at 0.7400, 0.7300 and 0.7200. We recommend to wait for a signal to open new positions and predict a strong price movement after the price consolidation.

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