From a global point of view, the NZD - New Zealand dollar remains a very attractive currency. This is evidenced by the forecast of the Central Bank of the country - New Zealand Herald reported with reference to the ANZ Bank New Zealand.
NZD / USD prospects
The New Zealand dollar rose sharply after the information shock on a monthly S1 at around 0.7687, pushing the pair to 0.78. Now NZD / USD is close to the resistance of 20 and 55-day moving average, monthly pivot point and weekly R1. Peak is located directly above the current quote in the area of 0.7832 / 53. These levels will be difficult to overcome, but it is necessary for the continuation of the current formation of the triple bottom.
Traders’ spirits
Interest of traders to the pair NZD / USD slightly fell. Most market participants (51%) expected NZD to underperform the US dollar. At the same time, the purchase share increased from 27% to 50%, stated Dukascopy experts (rated among the TOP Forex Brokers Masterforex-V World Academy http://www.masterforex-v.com/).
