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Wednesday, May 25, 2022

NZDUSD is moving in a sideways range.
1 mins well spent

NZDUSD Sideway Analysis

NZDUSD is moving up and down between the specific price ranges for a long time.

Let’s wait for the confirmation of breakout from this price ranges to catch the big moves on NZDUSD.

New Zealand dollar rises as Next month RBNZ policy meeting on November 11.

RBNZ reserve bank of new zealand

Governor said, there is a chance of extra purchase of large-scale asset purchase program, which is currently NZ$100 Billion.

New Zealand dollar also may face tough conditions as Central will deploy more non-standard measures to recover the Covid-19 recovery.

 

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