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    NZD/USD RBNZ In Focus

    MultiBank Exchange Group
    By MultiBank Exchange Group

    Price dropped today, but failed to reach the 0.7167 yesterday’s low, signaling that the bulls can step in again on the short term. NZD/USD failed to stay under the 50% retracement level, announcing a minor increase in the upcoming days. However, remains to see how will react tonight after the RBNZ Rate Statement.

    MultiBank Exchange Group
    MultiBank Exchange Grouphttp://www.mexgroup.com
    Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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