NZD/USD: important support level of 0.6765. Technical analysis of 18.05.2016.

Forex analytics: Review and dynamics Since the beginning of this month the pair NZD/USD has been declining, due to strengthening in the USD and dynamics of the New Zealand currency. The decisions of RBNZ in March to reduce interest rate and the fact that the Bank adheres to the soft monetary policy put pressure on the NZD.From the highs of 0.7050, reached earlier this month, the pair NZD/USD fell by 4%, ...