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FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

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NZD/USD rises in AUD's spike

Tuesday, March 3, 2015 4:58 AM UTC

NZD's post RBA news spike high of 0.7547 being re-tested last at 0.7544/46
Rate withdrew to 0.7525/35 region around pre-release levels before moving upward
AUD/NZD gains off 1.0325/30 low proving sturdy and acting as headwind
Cross looking to regain foothold above 1.0400 as AUD shorts pared

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NZD/USD rises in AUD's spike

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