Sell on a level breakthrough of 0.6870 with 0.6800 target. Stop loss = 0.6920.
Reason for the trading strategy
New Zealand's GDP increased by 0.2% (q/q) in Q1 2015, with a forecast of 0.6% (q/q). From April, 2014 to March, 2015, GDP increased by 3.2% (y/y) with a forecast of 3.3% (y/y). The lower growth rate of the national economy will promote the further monetary easing by the RBNZ.