Buy on a level breakthrough of 0.6893 with 0.7000 target. Stop loss = 0.6830.
Reason for the trading strategy
Buyers of the Kiwi are happy with the macroeconomic statistics for New Zealand. Today it became known that the business sentiment index in New Zealand's manufacturing sector rose from 55.1 p. to 55.4 p. indicating an expansion in the country's industrial production.