#NZD/USD# renews the yearly low near 0.5950 heading into the #RBNZ# Interest Rate Decision. The Kiwi pair’s latest fall could be linked to the broad risk aversion wave and the US Dollar strength, especially amid downbeat concerns surrounding China.
That said, the clear early signals of witnessing no rate hike limit the #NZD/USD# moves unless the RBNZ surprises the Kiwi pair traders.
Apart from the interest rates, the economic forecasts and language of the RBNZ Rate Statement will also be the key for the #NZD/USD# pair traders to watch.
It’s worth noting that the existence of the Fed Minutes dims the importance of today’s RBNZ announcements unless any surprises erupt.
Technically, a daily closing below May’s bottom of around 0.5985 directs the #NZD/USD# bears toward the early October 2022 peak of around 0.5815.
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
加载失败()