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BigBuxTrading

NZD/USD: Don't be surprised by a RBNZ rate cut out of the blue..

Short
New Zealand Dollar / U.S. Dollar (FOREXCOM:NZDUSD)  
BigBuxTrading Updated   
FOREXCOM:NZDUSD   New Zealand Dollar / U.S. Dollar
Fundamental Analysis
3
3
fundamental
With the US already having a 1/4 point rate cut factored in, my gut is telling me to watch the RBNZ actions of possibly surprising the markets with a rate cut... Just a hunch... (and just my opinion, your mileage may vary )....

I'm short from .6673... let's see what happens...
Comment:
welllll, that didn't go as planned.... RBNZ are running their economy down the tubes...
Comment:
I'm still short here... lets go USD! down to .6540 would be great!
Comment:
We've hit the target of .6540 successfully... Looking for .6480/.6500 to put in a stop loss at the .6540 level... I'm still watching for that surprise rate rate cut by the RBNZ... taking it all down to the .6400 level... (just a hunch and my opinion only, your mileage may vary )....
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