Buy on a level breakthrough of 0.6605 with 0.6705 target. Stop loss = 0.6550.
Reason for the trading strategy
Expectations of a decline in New Zealand’s trade deficit support the Kiwi. On a level breakthrough of 0.6605, opening long positions in the NZD/USD pair should be considered.
NZDUSD, H4

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Reason for the trading strategy
Expectations of a decline in New Zealand’s trade deficit support the Kiwi. On a level breakthrough of 0.6605, opening long positions in the NZD/USD pair should be considered.
NZDUSD, H4

Read more
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