NZDUSD
Aug. 26, 2015, 09:35
Sell on a level breakthrough of 0.6465 with 0.6400 target. Stop loss = 0.6515.
Reason for the trading strategy
In July, New Zealand's trade balance declined from -194 million to -649 million NZ dollars. The reduction of the index, which is a part of the country's GDP, will put pressure on the exchange rate of the Kiwi.
Aug. 26, 2015, 09:35
Sell on a level breakthrough of 0.6465 with 0.6400 target. Stop loss = 0.6515.
Reason for the trading strategy
In July, New Zealand's trade balance declined from -194 million to -649 million NZ dollars. The reduction of the index, which is a part of the country's GDP, will put pressure on the exchange rate of the Kiwi.
