FX:NZDUSD   New Zealand Dollar / U.S. Dollar
32 0 0
The market expects to see a rate hike on Wednesday when the RBNZ will meet and this seems to be already priced in the nzd/usd             reaching 0.8520. The bad numbers from China and a disappointing NO rate hike on Wednesday could drag nzd/usd             back to 61.8% Fibonacci Retracement but after breaking the 78.6% level. Shorting the kiwi at current levels ask for a SL above the 100% Fibonacci level, in the 0.8550 area. However the risk reward is excellent.
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