NZD / USD prospects
After last Wednesday the pair NZD / USD approached the 0.79 level, she lost an upward trend, falling to the level of 0.7754. Daily and weekly indicators still point to the prospects for reducing prices. Most likely, NZD / USD dropped to a monthly S1, reaching 0.7687. Previously predicted that the pair NZD / USD bounces up to the last maximum 0.7976. As long as it remains above the monthly S1, this possibility remains, stated Dukascopy experts (rated among the TOP Forex Brokers Masterforex-V World Academy http://www.masterforex-v.com/).
Traders' spirits
On SWFX market, market traders’ attitude to NZD / USD remains neutral. But still, 51% of the market participants are in a long position. The number of pending sell orders increased, reaching 57%.
