Buy on a level breakthrough of 0.7081 with 0.7150 target. Stop loss = 0.7031.
Reason for the trading strategy
The positive macroeconomic statistics for New Zealand, which has been published over the last couple of days, had a stabilizing effect on the exchange rate of the Kiwi. New Zealand's GDP increased by 0.7% (q/q) in Q1 2016, with a forecast of 0.5% (q/q). In May, the business sentiment index in New Zealand's manufacturing sector rose from 56.6 p. to 57.1 p.
Reason for the trading strategy
The positive macroeconomic statistics for New Zealand, which has been published over the last couple of days, had a stabilizing effect on the exchange rate of the Kiwi. New Zealand's GDP increased by 0.7% (q/q) in Q1 2016, with a forecast of 0.5% (q/q). In May, the business sentiment index in New Zealand's manufacturing sector rose from 56.6 p. to 57.1 p.
Exness- NZDUSD: consolidation below the level of 0.7081
ليست هناك تعليقات:
إرسال تعليق