How can we trade this exciting piece of news?
Two setups come to mind. This, the first one, is alligned to a STAY of the rates --> Long NZDUSD on the break of the lower mid line of the formation, current resistance of ~ 0.7. This decision comes from taking advantage of the current short term weakness of the USD. Possible targets could be the midline of the or up to the 1.618 fibo trend calibrated fibo at ~ 0.72
Hold on rates