RBNZ hikes rates by 25 bps to 5.50% in May | NZD Moves Down

📣#NZDUSD - Range Trading

Price is moving down to complete the bigger pattern.

Price already created a small pattern and broke out during the RBNZ Interest Rate decision.

We may check for buy opportunities near the bottom.

RBNZ pushed the price down and we have to wait for the price to calm down near the bottom
before we buy.

Also, remember that we have also the problem of the U.S debt ceiling.
it is not an easy decision.

Thank you and Good Luck!