NZD/USD: the pair is under pressure. Technical analysis for 21.07.2016.

Forex analytics: Review and dynamicsYesterday (23:00 GMT+2), the RBNZ presented new economic forecast and the Governor of the RBNZ Graeme Wheeler said that more monetary policy easing is required in the country. On these facts the NZD sharply fell in the currency market. The decline in the pair, which started at the beginning of this week, continued. Within two weeks the pair NZD/USD dropped by over 300 points, ...