HEmmanuel

AUDNZD projection after RBNZ's rate cut decision.

FX:AUDNZD   Australian Dollar/New Zealand Dollar
114 1 2
RBNZ cuts interest rate by 25bp to 3% and hints further easing. 25 bp             cut was already priced in and the market was expecting a 50 bp             cut hence we see this strength in kiwi dollar. I will be watching the 1.1020 area very closely, a break below will give room for further correction but a hold will resume the upward trend.
NZD smashed through the 1.1020 strong support level. Next target 1.9000.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out