o5jaylee
Short

NZD/USD After July Rate Decision Going Short

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
43 0 1
I missed out on a earlier entry on this trade. I jumped in today after the correction caused by the 25 bps             cut. It looked like the market wanted 50 bps             and thought the wording of the statement less hawkish than anticipated. I`ll most likely hold this trade right on up to the Sept rate decision. The daily chart still looks great and I don`t see any fundamentals on the horizon that could turn it around in a big way.

Entry was .66124
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