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KIWI: NZD/USD has moved back to unchanged/pre-RBNZ levels on the back of a
statement that revealed little in the way of fresh insight into the thought
process at the central bank, as it left its OCR unchanged at 1.75%.
- NZD/USD last deals at $0.6660, as the recent range remains in play. Bulls look
to $0.6700 which capped the pair on Friday & Wednesday, with any break opening
the 30 August high ($0.6717), while support is located at the high from Sep 19
($0.6623). The 50-DMA ($0.6665) may act as a pivot point as long as the recent
- Focus now moves to tomorrow's NZ Consumer Confidence survey.