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FxWirePro: Kiwi strengthens against major peers as RBNZ keeps official cash rate unchanged

  • AUD/NZD is currently trading around 1.0720 marks.
     
  • Pair made intraday high at 1.0764 and low at 1.0717 marks.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 1.0820 mark.
     
  • A sustained close above 1.0752 will drag the parity higher towards key resistances around 1.0820, 1.0856, 1.0882 and 1.0951 levels respectively.
     
  • Alternatively, a daily close below 1.0752 will take the parity down towards key supports around 1.0709/1.0640/1.0560/1.0518/1.0407/1.0339 marks respectively.
     
  • RBNZ keeps interest rate unchanged at 1.00 pct.
     
  • Kiwi trade balance stands at -1565M vs -700M previous release (expected -1190M).
  • Market Data
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