EXNESS - Analytics

    EXNESS

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    NZDUSD: under pressure against the background of rising unemployment level in New Zealand

    Sell on a level breakthrough of 0.6617 with 0.6530 target. Stop loss = 0.6667.

    Reason for the trading strategy

    Kiwi was under pressure after the publication of weak data on the labor market in New Zealand. The employment rate in Q3 2015 decreased by 0.4% (q/q), and the unemployment rate rose from 5.9% to 6.0%.

    NZDUSD, Daily

    NZDUSD


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