GBPNZD Ahead of RBNZ Rate Decision
GBPNZD tested again an area that was also tested earlier at the beginning of March 2025
It can be seen that this zone has stopped the price several times in the past.
Tomorrow the market is expecting RBNZ rate decision. It's expected that RBNZ may keep rates unchanged at 3.25%
If the IR decision will be accompanied by hawkish comments during the press conference the NZD can becomes stronger.
NZD is already oversold too much so it can take advantage of this moment.
Key target areas: 2.2500; 2.2380 and 2.2280
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPNZD tested again an area that was also tested earlier at the beginning of March 2025
It can be seen that this zone has stopped the price several times in the past.
Tomorrow the market is expecting RBNZ rate decision. It's expected that RBNZ may keep rates unchanged at 3.25%
If the IR decision will be accompanied by hawkish comments during the press conference the NZD can becomes stronger.
NZD is already oversold too much so it can take advantage of this moment.
Key target areas: 2.2500; 2.2380 and 2.2280
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Disclaimer
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
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.