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$NZDUSD - Weak CPI Points to pair will stay range bound

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
workingtraders  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Forex tradeyourplan trading trend ratehike $nzdud
3
0
forex tradeyourplan trading trend ratehike $nzdud
Technicals on the chart.

Fundamental thoughts.

- two consecutive quarterly falls for CPI data and petrol price had a decline of nearly 10%
- milk dairy prices on the decline
- Looking RBNZ to set a dovish tone in the near future.
- USD Rate hikes around the corner.


Reasons listed, I would safely say the pair will stay range bound.
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