Sell on a level breakthrough of 0.6952 with 0.6892 target. Stop loss = 0.7002.
Reason for the trading strategy
New Zealand's trade balance figures for June will become known tomorrow. The expected deterioration of the indicator due to the yuan weakening during this period can cause the NZDUSD pair to exit beyond the lower limit of the range of 0.6952-0.7015.
Reason for the trading strategy
New Zealand's trade balance figures for June will become known tomorrow. The expected deterioration of the indicator due to the yuan weakening during this period can cause the NZDUSD pair to exit beyond the lower limit of the range of 0.6952-0.7015.
Exness-NZDUSD: consolidation before publication of data on New Zealand foreign trade
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