Buy on a level breakthrough of 0.6697 with 0.6774 target. Stop loss = 0.6640.
Reason for the trading strategy
The stabilization of the situation on the commodity markets in February forces investors to pay attention to the higher-yielding currencies, including the Kiwi. In March, we expect the basic interest rate in New Zealand to remain at 2.5% and the NZDUSD pair to go out of the upper limit of the range of 0.6551-0.6774.