{"id":81919,"date":"2026-07-07T17:27:11","date_gmt":"2026-07-07T07:27:11","guid":{"rendered":"https:\/\/www.icmarkets.com.au\/blog\/?p=81919"},"modified":"2026-07-07T17:27:13","modified_gmt":"2026-07-07T07:27:13","slug":"trade-the-nzdusd-on-the-reserve-bank-of-new-zealand-interest-rate-decision","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com.au\/blog\/trade-the-nzdusd-on-the-reserve-bank-of-new-zealand-interest-rate-decision\/","title":{"rendered":"Trade the NZDUSD on the Reserve Bank of New Zealand Interest Rate Decision"},"content":{"rendered":"\n

Kiwi dollar traders are preparing for a busy day on Wednesday with the Reserve Bank of New Zealand set to make a key interest rate update midway through the Asian trading session. The event is very much a \u2018live\u2019 call for financial markets with economists split down the middle as to whether the central bank will hike by 25 basis points or keep the Official Cash Rate at 2.25%. Traders are expecting to see some big moves in the NZDUSD whatever the outcome as the market reprices interest rate expectations on the back of the update as well as any fresh forward guidance delivered in the statement and subsequent press conference.<\/p>\n\n\n\n

The Kiwi is looking nicely set up from a technical perspective for trading either way the RBNZ decides to go with it just above recent annual lows that now provide good support levels. If we do see a 25-basis point hike then traders will be able to leverage off those close support levels for long positions, whilst a hold is likely to see them challenged in short order with bears looking to trade a break to then move down towards longer term support levels. Initial resistance for traders looking to engage long positions now comes in around 0.5820 with the 200-day moving average with longer term resistance up around the 0.5970 area.<\/p>\n\n\n\n

Resistance 2: 0.5969 \u2013 Trendline Resistance<\/p>\n\n\n\n

Resistance 1:0.5820 \u2013 200 Day Moving Average<\/p>\n\n\n\n

Support 1: 0.5625 \u2013 2026 Low<\/p>\n\n\n\n

Support 2: 0.5562 \u2013 Long Term Trendline Support<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"

Kiwi dollar traders are preparing for a busy day on Wednesday […]<\/p>\n","protected":false},"author":8,"featured_media":81923,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[462],"tags":[],"class_list":["post-81919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/81919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/comments?post=81919"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/81919\/revisions"}],"predecessor-version":[{"id":81922,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/81919\/revisions\/81922"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media\/81923"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media?parent=81919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/categories?post=81919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/tags?post=81919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}