NZD/USD: Don't be surprised by a RBNZ rate cut out of the blue..
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With the US already having a 1/4 point rate cut factored in, my gut is telling me to watch the RBNZ actions of possibly surprising the markets with a rate cut... Just a hunch... (and just my opinion, your mileage may vary )....
I'm short from .6673... let's see what happens...
I'm short from .6673... let's see what happens...
Nota
welllll, that didn't go as planned.... RBNZ are running their economy down the tubes...Nota
I'm still short here... lets go USD! down to .6540 would be great!Nota
We've hit the target of .6540 successfully... Looking for .6480/.6500 to put in a stop loss at the .6540 level... I'm still watching for that surprise rate rate cut by the RBNZ... taking it all down to the .6400 level... (just a hunch and my opinion only, your mileage may vary )....
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