Thursday, October 15, 2026

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FxWirePro: Kiwi weakens against major peers as RBNZ leaves OCR unchanged at 1.75 pct

AUD/NZD is currently trading around 1.0830 marks. Pair made intraday high at 1.0835 and low at 1.0782 marks. Intraday bias remains bullish till the time pair holds key support at 1.0776 mark. A sustained close above 1.07…

By FxWirePro Team
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FxWirePro: Kiwi weakens against major peers as RBNZ leaves OCR unchanged at 1.75 pct
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  • AUD/NZD is currently trading around 1.0830 marks.
     
  • Pair made intraday high at 1.0835 and low at 1.0782 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0776 mark.
     
  • A sustained close above 1.0797 will drag the parity higher towards key resistances at 1.0850/1.0927/1.0998/1.1072/1.1122 levels respectively.
     
  • Alternatively, a daily close below 1.0797 will take the parity down towards key supports around 1.0736/1.0658/1.0572/1.0502  marks respectively.
     
  • Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
     
  • RBNZ says OCR to remain at 1.75 pct for some time to come.
     
  • RBNZ says CPI inflation is likely to increase in near term due to higher fuel prices.
     
  • RBNZ says spending, investment by both households and government likely to support growth.
     
  • RBNZ says global economic growth likely to support demand for nz products and services.

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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