Thursday, October 15, 2026

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FxWirePro: Kiwi rises sharply against major peers as RBNZ stands pat

AUD/NZD is trading around 1.0987 marks. Pair made intraday high at 1.1064 and low at 1.0948 marks. Today RBNZ left interest rates on hold after cutting the OCR to a record-low 2.25% just last month. Intraday bias remains…

By Cynthia Firey Eakin
1 min read
FxWirePro: Kiwi rises sharply against major peers as RBNZ stands pat
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  • AUD/NZD is trading around 1.0987 marks.
     
  • Pair made intraday high at 1.1064 and low at 1.0948 marks.
     
  • Today RBNZ left interest rates on hold after cutting the OCR to a record-low 2.25% just last month.
     
  • Intraday bias remains bearish till the time pair holds immediate resistance at 1.1062 marks.
     
  • A daily close below 1.1062 will take the parity down towards 1.0934 and 1.0890 marks respectively.
     
  • On the other side, a sustained close above 1.1062 will drag the parity higher towards 1.1123/1.1298/1.1317/1.1352/1.1590 levels.

We prefer to take short position in AUD/NZD around 1.1025, stop loss 1.1062 and target 1.0890 marks.

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team