Expected NZD Move as Per Current Info

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Very early days to map potential moves of NZD - this is my feel.

Likely to see a ranging trending grind up to 0.75 area ( white box ) until further development with news and data.

RBNZ expected to have one more rate cut by year end and Fed outlook for rising rates decreasing - see where the market will take us.
No matter what Wheeler says - I am bullish on the Kiwi unless a 50 basis point rate cut is dropped by RBNZ or Fed rises rates by year end - against market expectations as it develops

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