NZD/USD: to the level of 0.6560. Technical analysis as of 24.05.2016

Forex analytics: Review and dynamics By mid-April the pair NZD/USD had reached the highs at the level of 0.7050. At the beginning of May the pair returned to this level and then started to decline. The fall in the pair was caused by the total rise in the USD and downward dynamics in the NZD, caused by weak macro-economic data of New Zealand and adherence of RBNZ to the soft monetary policy.The pair NZD/USD ...