The New Zealand Dollar faced intense pressure after a surprise GDP contraction and a larger-than-expected 50 bps RBNZ cut. Yet, instead of falling further, NZD/USD rebounded — signaling markets may believe the worst is behind. With policy expectations shifting, the pair’s reaction hints at a potential trend change. Let’s explore the key technical levels ahead.
09-10-2025 14:43 GMT
by Elior Manier