EXNESS - Analytics

    EXNESS

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    NZDUSD: consolidation before the meeting of the Reserve Bank of New Zealand

    Buy on a level breakthrough of 0.6818 with 0.6884 target. Stop loss = 0.6768. 

    Reason for the trading strategy

    A likely preservation of the key interest rate at 2.5% in New Zealand today will support the investor interest in the Kiwi.   As part of the upward trend, opening the next set of long positions on it can be considered above the level of 0.6818. 

    NZDUSD, H4


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