NZD/USD chart - Trading View
NZD/USD was trading 0.14% higher on the day at 0.7287, after closing 0.75% higher in the previous session.
The kiwi is set to extend RBNZ-led gains. The Reserve Bank of New Zealand left interest rate unchanged on Wednesday and signaled rate hikes from mid-2022.
The central bank re-introduced the conventional OCR forecast which showed a 150bps tightening between Q3 2022 and Q3 2024, taking markets by surprise.
RBNZ Gov Adrian Orr while speaking before parliament's Finance and Expenditure Committee earlier on Thursday reiterated possible rate hike by late 2022, citing optimism at home and abroad.
Support levels - 0.7267 (Trendline), 0.7232 (5-DMA), 0.7212 (21-EMA)
Resistance levels - 0.7320 (88.6% Fib), 0.74, 0.7468 (Upper monthly BB)
Summary: NZD/USD consolidates the RBNZ-led gains, technical bias has turned bullish. Bulls target next major resistance at 0.7435 ahead of 0.7558 (2017 high).


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD falls to two-day low, scope for further downside
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
Kiwi-Yen Bulls Reload at 93: EMA Support Stack Points to 96–97 Targets
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib
FxWirePro- Woodies pivot (Major)
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro: USD/JPY nears 160 as intervention risk intensifies
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout 



