AUD/NZD is currently trading around 1.0773 marks. Pair made intraday high at 1.0783 and low at 1.0703 marks. Intraday bias remains neutral for the moment. A daily close below 1.0742 will take the parity down towards key …
Pair made intraday high at 1.0783 and low at 1.0703 marks.
Intraday bias remains neutral for the moment.
A daily close below 1.0742 will take the parity down towards key supports around 1.0693, 1.0649, 1.0590, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
On the other side, a sustained close above 1.0742 will drag the parity higher towards key resistances at 1.0804/1.0845/1.0912/1.0966/1.1062/1.1148 levels respectively.
New Zealand's reserve bank OCR unchanged at 1.75 percent.
RBNZ says lower NZ$ is needed.
RBNZ says domestic economic growth is expected to improve.
RBNZ says headline inflation is likely to decline in coming quarters.