EXNESS - Analytics

    EXNESS

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    NZDUSD: growth against the background of an increasing business confidence index in New Zealand

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

    Reason for the trading strategy

    According to the ANZ, business sentiment index in New Zealand rose from 10.5 p. to 14.6 p. in November The statistics indicates a likely acceleration in the future growth of the national economy. Opening long positions in the NZD/USD pair should be considered above the level of 0.6605.

    NZDUSD, H4

    NZDUSD


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