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Nov 30 - 10:55 PM

NZD/USD - Poised To Rise As Hawkish RBNZ Contrasts With Peers

By John Noonan  —  Nov 30 - 09:50 PM
  • NZD/USD closed above the 200-day MA (0.6289) for first time since April

  • NZD attractive, as RBNZ remains hawkish as other central banks hint at scaling back nL4N32J0KP

  • NZD/USD trending higher with the 5, 10 & 21-day MAs in a bullish alignment

  • Only a break below the 10-day MA (0.6214) would suggest waning momentum

  • The first target is the 61.8 of 2022 high/low at 0.6452

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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