AI
Wednesday, November 28, 2018 9:14:32 AM
NZD/USD: Fundamental Review & Forecast
The recent rate increase seems like a price correction after which the rates will back down to the level of 0.6500 USD.
The rates continue within the downtrend. The trade conflict between the US and China negatively affects the NZD rate and the perspectives for the New Zealand economy in case of developments in the conflict.
More information see here
https://superforex.com/analytics/nzd-usd-fundamental-review-forecast-281118/?x=FORUMS
The recent rate increase seems like a price correction after which the rates will back down to the level of 0.6500 USD.
The rates continue within the downtrend. The trade conflict between the US and China negatively affects the NZD rate and the perspectives for the New Zealand economy in case of developments in the conflict.
More information see here
https://superforex.com/analytics/nzd-usd-fundamental-review-forecast-281118/?x=FORUMS
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