Last week, we see NZ CPI declined sharply to 1.0% and surprised market. Obviously, NZ economy is fighting to keep its motivation. The Rate Decison on Wednesday is a chance to RBNZ do something to support for NZ .I think they will keep the rate unchanged at 3.5% and repeat once the term " unjustified and unsustanable"
With the come back of USDollar , and dovish stane of RBNZ, it's difficult for Kiwi to maintain the bid. This is time to SELL NZDUSD .
I recommend you SELL NZDUSD through 0.77100 key .
Look at on the chart, I draw two : and lines. Price bounced back after testing , and breaking . This is a strong sell signal. Moreover, indicator, bounced back after testing the at 50 , and indicator shows sell signal when %K cut %D.
All information from FA to TA support for SELL Kiwi, so why we don't sell NZDUSD ???
detail about USDollar next week: http://goo.gl/OvWIoM