Naked Short as long as 2.05000 level is held on closing basis

Rate decision in a hour, market already priced in rate cut of 25 bps to .75 OCR. Hence, if rates are on hold NZD gonna appreciate and even if we have a cut it would be a sell the fact event. Furthermore the key focus would be on forward guidance, that would tell us if its gonna eventually hit our stops

NB : Play cautiously as trend is clearly up as i have pointed, but i am anticipating the supply zone to hold, lets see

Komentar:

We got this ! Profit taken