EXNESS - Analytics

    EXNESS

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    NZDUSD: growth before the publication of New Zealand's trade balance

    Buy on a level breakthrough of 0.6605 with 0.6705 target. Stop loss = 0.6550.

    Reason for the trading strategy

    Expectations of a decline in New Zealand's trade deficit support the Kiwi. On a level breakthrough of 0.6605, opening long positions in the NZD/USD pair should be considered.

    NZDUSD, H4

    NZDUSD


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