Trial now

Eyeing Key Resistance


Maintains A Bullish Tone


ANZ note that "the Kiwi had a subdued day yesterday thanks to the public holiday, but has put in a spirited performance on the back of generalised USD weakness, which has occurred against the unusual backdrop of rallies in both stocks and bonds. Although price action has been a bit choppy of late, the path of least resistance from here would seem to be higher given the recovery vibe at play in the market, and the broader global markets' view that the RBNZ will be one of the earlier "hikers"."

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