Open trading account 
Couple of important news event scheduled in coming week which could bring volatility on NZDUSD pair. On Tuesday we have GDT Price Index which fell in last two occasion and analyst expect another decline in prices, as such bearish price action expected on this pair after this news event.
Thereafter on Wednesday RBNZ Interest Rate Statement, while analyst expect no change in interest rate, however it would be interesting to see whether they are dovish or hawkish on future economic growth, which could dictate long term price action on this pair.
From technical perspective, NZDUSD remain range bound between 0.6900 to 0.7400 level but downward pressure is building and I am expecting bearish break out on this pair in coming weeks.
Thereafter on Wednesday RBNZ Interest Rate Statement, while analyst expect no change in interest rate, however it would be interesting to see whether they are dovish or hawkish on future economic growth, which could dictate long term price action on this pair.
From technical perspective, NZDUSD remain range bound between 0.6900 to 0.7400 level but downward pressure is building and I am expecting bearish break out on this pair in coming weeks.
