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FxWirePro: Kiwi trades marginally lower against major peers ahead of RBNZ’s cash rate decision

  • AUD/NZD is currently trading around 1.0490 marks.
     
  • Pair made intraday high at 1.0500 and low at 1.0480 marks.
     
  • Intraday bias remains neutral till the time pair holds key support at 1.0483 mark.
     
  • A sustained close above 1.0483 will drag the parity higher towards key resistances around 1.0580, 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
     
  • Alternatively, a daily close below 1.0483 will take the parity down towards key supports around 1.0449/1.0364/1.0275/1.0237/1.0192 marks respectively.

RBNZ will release cash rate decision at 0200 GMT.

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