Sforex

NZDUSD: OPPORTUNITY TO SELL NZDUSD

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
4
I SELL NZDUSD to 0.8520, stop loss at 0.8650

RBNZ disapppointed market when they hiked rate by 25bp to 3% but signal to pause rate hike and wait for further improvement of economy.

With clear change in monetary policy, at least NZDUSD will fall to next significant support at 0.8520, and could fall further to 0.8410

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