Technicals

Add as a preferred source on Google

FxWirePro: Kiwi strengthens remarkably against major peers after RBNZ’s cash rate decision

AUD/NZD is currently trading around 1.0408 marks. Pair made intraday high at 1.0489 and low at 1.0405 marks. Intraday bias remains bearish for the moment. A sustained close above 1.0476 will drag the parity higher toward…

1 min read
FxWirePro: Kiwi strengthens remarkably against major peers after RBNZ’s cash rate decision
Image from the original EconoTimes article

Read the original article

  • AUD/NZD is currently trading around 1.0408 marks.
     
  • Pair made intraday high at 1.0489 and low at 1.0405 marks.
     
  • Intraday bias remains bearish for the moment.
     
  • A sustained close above 1.0476 will drag the parity higher towards key resistances around 1.0526, 1.06, 1.0654 and 1.0743 mark respectively.
     
  • Alternatively, a daily close below 1.0418 will take the parity down towards key supports around 1.0349/1.0264/1.0222/1.0178 marks respectively.
     
  • RBNZ keeps official cash rate unchanged at 1.00 pct.

Related articles

View all
Technicals

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