26.09.2016 - We are waiting for the signal to sell NZD/USD

The price of the New Zealand dollar showed a slight rebound after a recent decline and is currently consolidating around the level of 0.7250. In case of resumption of negative dynamics the signal to sell will be fixing of price below the level of 0.7200. On the other hand, the growth of quotations within the correction is limited by the levels of 0,7320-0,7400. Our medium-term outlook remains negative and we are waiting for a signal to sell with targets at 0.6820, 0.6600 and 0.6450.

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