FxWirePro: Kiwi strengthens remarkably against major peers after RBNZ’s cash rate decision
Wednesday, February 12, 2020 2:12 AM UTC
- AUD/NZD is currently trading around 1.0408 marks.
- Pair made intraday high at 1.0489 and low at 1.0405 marks.
- Intraday bias remains bearish for the moment.
- A sustained close above 1.0476 will drag the parity higher towards key resistances around 1.0526, 1.06, 1.0654 and 1.0743 mark respectively.
- Alternatively, a daily close below 1.0418 will take the parity down towards key supports around 1.0349/1.0264/1.0222/1.0178 marks respectively.
- RBNZ keeps official cash rate unchanged at 1.00 pct.