The NZD/USD trend analysis shows that most of the major trends are now pointing down on this pair. When this pair reaches the 0.7225 – 0.7250 area it will begin to run out of support and we will start to set sell alerts at those prices. Below there it has room to drop down to the 0.7000 area, another critical support area. This trend analysis was done with the free trend indicators we provide to our clients, installed on meta trader. We then apply multiple time frame analysis by individual currencies. Right now the New Zealand Dollar (NZD) is weak on most or all pairs in the group
NZD/USD Trend Analysis 5-20-2015