NZDUSD
Aug. 31, 2015, 11:48
Sell on a level breakthrough of 0.6400 with 0.6300 target. Stop loss = 0.6450.
Reason for the trading strategy
In July, the business confidence index in New Zealand fell from -15.3 p. to -29.1 p. The location of the index significantly below zero indicates a deterioration in business activity in the country, requiring the national regulator to reduce the key interest rates.
NZDUSD, H1
Aug. 31, 2015, 11:48
Sell on a level breakthrough of 0.6400 with 0.6300 target. Stop loss = 0.6450.
Reason for the trading strategy
In July, the business confidence index in New Zealand fell from -15.3 p. to -29.1 p. The location of the index significantly below zero indicates a deterioration in business activity in the country, requiring the national regulator to reduce the key interest rates.
NZDUSD, H1
