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[flv:http://www.newsprofiteer.com/101409-nzdcpi/101409-nzdcpi.mp4 480 360]
5:45pm (NY Time) NZ CPI q/q Forecast 0.8% Previous 0.6%
ACTION: NZD/USD BUY 1.1% SELL 0.5%
Our focus will be on the headline CPI number. If we get a better than expected number of 0.8% by 0.3%, we should be looking to BUY NZD/USD; if we get a lower than 0.5%, then we’ll see NZD/USD move down.
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