In the opinion that rate will hold at 2.5% with a outlook in the short term. Unless there is a remarkable negative swing in outlook with fundamentals, in particular; interest rates will be holding steady due to housing prices in NZ ( current hot political issue ) despite noncompetitive NZD in regards to trade.
Looking to enter at the minor resistance of around 0.67712 with first target at around the . with very hopeful 2nd target above a more major support around 0.66030.
If trade triggers, will be watching very closely on price action and ( does not pass 60 ). If it does not break the minor resistance at .67200 level close to RBNZ announcement ( red vertical line ), I will be closing the trade as any thing that sounds remotely like good news = . Because of this, I wouldn't pay any particularly attention to risk:reward ratios with this set up.
Comments welcome - share and share alike!