17.03.2016 - The New Zealand dollar shows the strong growth
The price of the New Zealand dollar after the recent reduction and consolidation around the level 0.6600, started to correct upwards and within the growth has reached an important level of 0.6820. Overcoming and fixing the price above this level will be the basis for further growth of prices up to 0.6900 and 0.7000. Now there is a significant probability of price correction to 0.6750. Our medium-term outlook remains negative and according to our estimates, will soon be replaced by the upward momentum on the negative dynamics with potential targets at 0.6450 and 0.6250.