A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Greetings Again!
As promised… let’s have a look at the Kiwi Dollar as the Royal Bank of New Zealand Rate Decision comes in to Cut by.50 bps to 3.00%.
Give the Captures a Click, and Post-Time is about 45 minutes before the Decision at 20:15 GMT.
( My apologies… a few minutes late with the Post and taking the Captures!…)
With the 38.2& Fib Daily Downtrend Fib/.5100 Handle “loosely” holding for now… we may simply consolidate around this level for a while.
If our Uptrend resumes using the Asian Sector Open as a “Catalyst”… then we may easily see “northern” directive Price Action to the Major .5200 Handle Resistance, of which Bullish views would certainly favor.
Bearish views may favor this Area for a potential ”Stop-and-Reverse” Strategy back down to a “Congestion” Zone of the .5100 Handle.
I’ll be back tonight, as always… and we will do another big “Classic CVJ” Update… as we will review all of our Units up to this point!
