EUR/NZD Technical – Start of a New Potential Bullish Impulsive Up Move
<p><img width="612" height="402" src="https://www.actionforex.com/wp-content/uploads/2018/07/f-eur-nzd1-e1600273094147.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/07/f-eur-nzd1-e1600273094147.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/07/f-eur-nzd1-e1600273094147-600×394.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>The Kiwi dollar (NZD) has been the worst performer among the US dollar major pairs in the past five days. A further slowdown in New Zealand’s Q3 CPI (5.6% y/y versus 6% y/y in Q2) reinforces RBNZ’s current stance of maintaining its key policy official cash rate unchanged at 5.5%. A less hawkish RBNZ may […]</p>
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