21.08.2014 - The New Zealand dollar continued to fall
The price of the New Zealand dollar continued to decline due to the strengthening of the dollar after the publication of the minutes of the previous meeting of the Fed. In addition, the fall in prices for dairy products also puts pressure on the New Zealand dollar quotations. The price has broken through the lower boundary of the channel and an important level of 0.8400. Confirmation of a sell signal will be fixing the price below this mark. In the short term drop in the price is likely to continue.