Price spiked up due to poor US data on friday, giving a relative good price for a short now given that it went back into June/July resistance zone.
Short position with SL above resistance zone or above RBA rate cut price.
Long setup, I will keep it simple.
*Key Support area (4h & Daily)
Previous 2 months trade balance were far better than expected.
Better than expected trade balance will reduce likelyhood of rate cut. (Not that i trust what they say though)
Sceptical about what RBNZ gave us, nowadays ...