NZDCAD Chart Technical Outlook

NZDCAD Chart Technical Outlook The New Zealand Dollar is depreciating across the board with investors bracing for a large rate cut by the RBNZ next week, Markets are pricing a 30% chance of a 75 bps cut. In this context, rallies will be sold. Supports are 0.8185 and 0.8160. Resistances are 0.8265 ad 0.8305 (Channel top).

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