Short term AB=CD Pattern, D target $0.69580 hit perfectly
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Trade closed: target reached
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New Zealand’s BNZ manufacturing PMI declined 4.6 points to 54.5 in May 2018, dropping from a 27-month high. All five sub-indices lost points in May, with Employment falling into contraction zone (49.8 vs 54.5 in April). Production fell to 53.7 from 60.4 and New Orders decreased to 56.7 from 60.2. Deliveries (58.7 vs 60.1) and Finished Stocks (51.8 vs 55.2) also declined.