20.01.2016 - The fall of the New Zealand dollar continued

Price of the New Zealand dollar after the correction to the level of 0.6500, renewed decline within which broke through level of 0.6400 and continued to decline. In case of further decline, quotations will reach the target level at 0.6250. We recommend keeping short positions with a stop above 0.6500. Growth in the near future is possible only within the correction. Our medium-term outlook is also negative.

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