Wednesday, February 28, 2018 9:08:32 AM
NZD/USD: Fundamental Review & Forecast
The NZD has decreased due to negative economic statistics and FED plans to raise the rate. The deals to buy seem more effective due to the probability of a price correction.
The uptrend has lost its intensity. On the chart we can see the formation of a new trend since January 2018, which is currently flat, but has a chance to transform into a downtrend in favor of the USD.
More information see here
https://superforex.com/analytics/nzd-usd-fundamental-review-forecast-280218/?x=FORUMS
The NZD has decreased due to negative economic statistics and FED plans to raise the rate. The deals to buy seem more effective due to the probability of a price correction.
The uptrend has lost its intensity. On the chart we can see the formation of a new trend since January 2018, which is currently flat, but has a chance to transform into a downtrend in favor of the USD.
More information see here
https://superforex.com/analytics/nzd-usd-fundamental-review-forecast-280218/?x=FORUMS
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