EXNESS - Analytics

    EXNESS

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    NZDUSD: growth against the background of a decline in the current account deficit in New Zealand

    Buy on a level breakthrough of 0.6617 with 0.6683 target. Stop loss = 0.6567. 

    Reason for the trading strategy

    The current account deficit in New Zealand amounted to 2.61 billion NZ dollars in the Q4 2015, with a forecast of 3.10 billion NZ dollars. The statistics, which were better than expected, supported the Kiwi.

    NZDUSD, H1


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