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RBNZ rate decision up next. Cut expected. What are the key technical levels?

Discussion in 'Technical Analysis' started by ForexLive, Sep 9, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Cut of 0.25% expected. Focus on statement, press conference, and technicals. The RBNZ is largely expected to cut rates when they announce at 5 PM. Gov. Wheeler will then speak and the focus will be on whether he talks about the currency being too high or just right, or about future rate cuts.

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