Sorry, you need to enable JavaScript to visit this website.

NZD/USD Signal - NZD Retail Sales - 22 Feb 2021

You are here

Signal Details
Entry Price: 
0.72878
Take Profit: 
0.73480
Stop Loss: 
0.72460
Direction: 
Buy
How we trade
Average: 5 (2 votes)

NZD/USD is trading to the upside today prior to the NZD Retail Sales. The retail Sales released by the Statistics New Zealand measures the total receipts of retail stores. Quarterly percent changes reflect the rate of changes of such sales. Technically the pair is trading above the 50 moving average, and we anticipate further upside on the NZD/USD into the 0.73480 level.

Live Broker Spreads

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.