Front run a possible NZD rate cut
1 HR Charts
With a possible rate cut forecast for NZD there is an interesting setup here. The N/U is up in a resistance zone as shown and risk is clearly defined. The A/N is in a clear up trend so NZD is the weaker of the two. So, if the USD rallies today then the N/U should fall nicely and could possibly allow a trade to be up 50-75 pips 'Before' the rate decision tomorrow and if they do cut rates the trade can be a 'Very' nice one. Another trade could be to buy the A/N off support at a later time with the same thought of front running. 'If/when' either trade is up 50-75 pips before the decision move stops to break even to eliminate risk would be a safe plan.
15 Min Chart
This could be the plan from here to get into this trade as 15 Min stoch cycles 'up' look to trade into a 'short' on N/U. Time this trade by using 1 min Fractals is one method. The Daily Pivots have traded M2-M4 today so look for profit taking as well up at this level. If it rallies much past PP zones and up to/past 78.6 fib its not as attractive at that point for a sell. Just to mention, the E/U has an identical set up as this to trade.