RBNZ: Easing bias and NZD comments send the flightless bird tumbling

The RBNZ kept the OCR unchanged at 3.5% but a perceived easing bias and comments regarding the ‘unjustifiable’ level of the NZD have sent the NZD tumbling across the board.

The low so far in NZD/USD has been around .7615, with next support levels at .7540.

AUD/NZD resistance next at 1.0530.

The post RBNZ: Easing bias and NZD comments send the flightless bird tumbling appeared first on www.forextell.com.

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