Euro / New Zealand Dollar
Long
Updated

EURNZD Structure Analysis Ahead of RBNZ Rate Decision

803
EURNZD Structure Analysis Ahead of RBNZ Rate Decision

In this video, I analyze the price behavior of EURNZD, considering past price developments and potential movements ahead of the Reserve Bank of New Zealand (RBNZ) interest rate decision on Wednesday, October 9.

The market anticipates that the RBNZ will cut rates by 50 basis points, from 5.25% to 4.75%.

You may watch the video for further details.
Thank you and Good Luck!
Trade closed: target reached
snapshot
Trade closed: target reached
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.