AUD/NZD targets May low after RBNZ policy decision | EdgeTradings

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AUD/NZD targets May low after RBNZ policy decision


AUD/NZD falls below key trendline support, looks towards 1.0600 next The pair is trading pretty much a classic case of policy divergence, as the RBNZ tilts more hawkishly while the RBA is still biding its time while maintaining a more dovish stance at its latest policy meeting on 6 July earlier this month.

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