Swing Trade on AUDNZD, Long @ 1.1517 EntryIBKR:AUDNZD Price has recently broken through the SR level @ 1.1433 and this level has been retested & held; we're now waiting for the continuation.
Look for an entry at 1.1517 , stop below the zone at 1.1426 , target 1.1750 (2:1). There'll be slight upside resistance, which might cause a bit of choppiness/consolidation at the psych level @ 1.1600, but the overall trend is up, and we're trading well above the Daily MA200 & Weekly MA200.
Fundamentally, we're looking good and expecting further upside on the pair both short and medium-term:
RBA has paused whilst RBNZ is easing, widening Australia's yield edge in the near term; over hte next 3-6 months Australia's rates will likely remain above New Zealand's as RBNZ cuts further.
AU inflation surprised higher while NZ inflation eased amid weak growth. Stronger AU inflation/growth momentum vs sluggish NZ suggests medium-term AUD outperformance.
Strong Chinese iron-ore and wider critical minerals demand supports AUD while NZ's dairy prices and exports have softened.
Key Catalysts (forward-dated):
2025-11-05 โ RBA policy decision โ Expected: Bullish
2025-11-26 โ RBNZ monetary policy meeting โ Expected: Bullish
2026-02-03 โ RBA monetary policy meeting โ Expected: Bullish
2026-02-18 โ RBNZ monetary policy meeting โ Expected: Bullish
