The NZD is still bouncing around after the RBNZ but the short-term bulls seem to have the upper hand for now. Levels to watch in the crosses are as follows:

  • NZD/JPY resistance at 88.55;
  • AUD/NZD reported bids at 1.0725/35;
  • No exact levels in GBP/NZD but I’ve seen two sell signals from professional traders in the last 30 minutes.