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FxWirePro: Kiwi remains highly volatile in early Asia as RBNZ keeps official cash rate steady

  • AUD/NZD is currently trading around 1.0716 marks.
     
  • Pair made intraday high at 1.0733 and low at 1.0711 marks.
     
  • Intraday bias remains neutral till the time pair holds key resistance at 1.0747 mark.
     
  • A sustained close above 1.0688 will drag the parity higher towards key resistances around 1.0747/1.0798/1.0877/1.0955/1.1002/1.1058/1.1175/1.1268/1.1422/1.1526 levels respectively.
     
  • Alternatively, a daily close below 1.0688 will take the parity down towards key supports around 1.0658/1.0572/1.0502/1.0432  marks respectively.
     
  • New Zealand Nov cash rate stays flat at 1.75 % (forecast 1.75 %) vs previous 1.75 %.
  • Market Data
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