afzal
Short

nzd rate decision today 2:30 am indian standard time

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
109 0 0
interest rates : rates to remained unchanced
tone : i expect the tone to be bearish with recent deterioration in data
signal mkt is looking : market is looking when rbnz will raised rates next, i believe they may not raised rates this year hence negative for kiwi
our view : bearish tone Hence Bearish NZD .
if tone is bearish kiwi will tumble towards 0.81 cents or if tone is slightly bullish we may see a relief rally in nzd usd
average pip : 25-90
max sl : 25 to 30 pips
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