How to trade NZD interest rate news the Tflow® way

We are expecting high impact news and probably some movement on NZD.

Very important, the market via price action will show some indications or provide some clues to possible movement.

I will do an analysis on NZDUSD and try to understand what the market is trying to say. Most important of all, it’s the trade management if things should go sour. Trade Management, Money Management.

NZD cash rate on 13 March


NZD cash rate

NZDUSD broke out of trend line and is supported, yet resisted; look like a cup and handle pattern


Long term Support Resistance levels

At the long term support trend line, we see a 1234 (but no trigger) and this 1234 has a 4 slightly lower than 2


Flow and H4

Going into H1, there is a smaller 1234 but it is compulsory for trigger to happen in the big 1234 (marked yellow)


What we see in H1

We have immediate resistance at 8485-90, and if price should go up, then next resistance at 8560-70. Will await if price should break and close above the longer TL and if it does, then cup and handle completes


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