USAS_INC
Short

Important levels for NZD 0.6802 being the first resistance

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
107 1 9
RBNZ cut rates today by 0.25 bps             expecting another round of 0.25 bps             to round things up.. So I stay short mid term ..

See full story @ https://forexideasblog.wordpress.com/2016/03/10/nz-rate-cut-coming-would-be-great-to-sell-nzd-pairs/
Next RBNZ Rate Decision on 2016.04.28. Expecting another cut by 0.25 bps. Great to cover shorts mid term if they cut.. with FED not hiking rates in the last meeting, looks like people staying with NZD. Be cautious, cutting rates to 2.0 can be a reflection point where people will think RBNZ will not cut more.. Initially impact could be downside but the after effects could be to the upper side for NZD..
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out