EXNESS - Analytics

    EXNESS

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    NZDUSD: adjustment from the lower limit of the range of 0,6423-0,6531

    Buy on a level breakthrough of 0.6470 with 0.6531 target. Stop loss = 0.6420.

    Reason for the trading strategy

    Yesterday the central banks of the US and New Zealand kept their benchmark interest rates unchanged, having supported the Kiwi. Both the regulators stated the need to monitor the incoming macroeconomic data and expressed concern about the low inflation expectations.

     

    NZDUSD, H1


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