The Kiwi is testing its 2015 minimum

May 29, 2015

Sell on a level breakthrough of 0.7126 with 0.7000 target. Stop loss = 0.7180.

Reason for the trading strategy

In March, the business sentiment index in New Zealand fell from 30.2 p. to 15.7 p. The statistics indicates a likely decline in the country's investment spending. Against the background of the US dollar growth, in the short term, the Kiwi may update its 2015 minimum.

Publication source
EXNESS information  EXNESS reviews

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