NZD USD

Nzd usd in bearish mkt with trendline breakout on daily time frame , The Bulls has been trading the currency pair uptrend recently as investors push out expectations for tighter monetary policy and also negative data from China has seemed to have stopped also the kiwi and Aussie have seen increased domestic support.
From technical and trend point of view Nzd usd in bearish mkt from 2014-1-01 till date the currency pair long term outlook remains bearish . The weekly time frame is bearish while bull trend formation on the daily time frame . price projection 1st of Dec 2015 at 0.6650


TREND ANALYSIS

Monthly Bearish mkt
Weekly Bearish trend
Daily Bull trend

price target at o.6650


TECHNICAL AND TREND POINT OF VIEWS



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