EXNESS - Analytics


    628.50 4.00/10
    69% of positive reviews

    The Kiwi is in demand against the background of an improvement in New Zealand's balance of payments

    Buy on a level breakthrough of 0.7030 with 0.7081 target. Stop loss = 0.6980.

    Reason for the trading strategy

    New Zealand's current account on the balance of payments in Q1 2016 rose to 1.31 billion NZ dollars from -2.89 billion NZ dollars in Q4. 2015. The increase in commodity prices has contributed to a growth in the index in the reporting period. The statistics can support the exchange rate of the Kiwi, despite the strong position of the US dollar.


    NZDUSD, H1


    To leave a comment you must or Join us

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree