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.