Strateg_

NZD tries to compensate for the decline in the course ofthe year

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
the breakdown to 75 on GDP data on energy bounces is logical, but having marked a new high for growth in the future is higher, NZD remains globally in a bearish market and at the end of the month and quarter the monthly chart will push it down. There are two variants of the development of events: the most probable is a flat in a bull channel , with a wave up for test 76 at the beginning of the month, but then the next month's candle will pick up a lot of overclocking and will probably break through support at 72.500. Either test 76 this week with a rollback by the end of the month at about 73.500, then the monthly schedule will go into the flat 72.500 - 75 for a while and during the quarter it is possible a stable growth to 80. more detailed inputs to the market on my channel
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