New Zealand interest rate expected flat or lower 23-Apr-2015

NZD has already dropped against major currencies earlier today as it is announced that Reserve Bank unlikely lift up the interest rate near future.
Picked up on Newsensus: http://www.scoop.co.nz/stories/BU1504/S00677/nz-dollar-drops-after-rbnz-official-says-rate-hike-unlikely.htm

 Reserve Bank had meant they would cut the interest rate further instead of hiking, and the rate review in next week is likely to be concluded as flat or even lower which make market more surprised.
 Referenced post: http://forexflyer.blogspot.co.uk/2015/01/eurnzd-trend-momentum-23-jan-2015.html

(Trend & momentum chart in NZDUSD)