NZDUSD
March 17, 2016, 11:36
Buy on a level breakthrough of 0.6830 with 0.6884 target. Stop loss = 0.6780.
Reason for the trading strategy
New Zealand's GDP grew by 2.5% (y/y) in 2015, with a forecast of 2.4% (y/y). The positive internal statistics and the weakness of the US dollar support the NZDUSD pair.
NZDUSD, H4
March 17, 2016, 11:36
Buy on a level breakthrough of 0.6830 with 0.6884 target. Stop loss = 0.6780.
Reason for the trading strategy
New Zealand's GDP grew by 2.5% (y/y) in 2015, with a forecast of 2.4% (y/y). The positive internal statistics and the weakness of the US dollar support the NZDUSD pair.
NZDUSD, H4
New Zealand GDP supported the Kiwi
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