Royal Bank of New Zealand (Bullish)
The RBNZ, which predicts prices will rise 22% in the year through June,
is reinstating mortgage lending restrictions.
Royal Bank of Australia (Bearish)
- Australia's interest rates will stay low until 'at least 2024', RBA says
- Philip Lowe used a speech to a summit convened by the Australian Financial Review on Wednesday
to...
NZD/AUD has been trading side ways for some time looking at the Weekly & Daily time frame, however going to the H4 timeframe, I noticed a respected up trend line. I anticipate a pullback before putting a BUY. Also look at some of the key points on the RSI. Could help you make a better idea on when to enter. Remember more confirmations = better trade. ENJOY.
