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NZD/USD Signal - USD Retail Sales - 16 Jun 2020

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Signal Details
Entry Price: 
0.6484
Take Profit: 
0.6549
Stop Loss: 
0.6428
Direction: 
Buy
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NZD/USD is trading around 64 cents USD today prior to USD Retail Sales Data. Retail Sales Data is a total value of retail receipts and provides an insight to USD economic health. We anticipate further NZD upside against the USD today into the 0.6549 level.

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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.