The NZDUSD moved lower in the Asian session as lower food price inflation data, and a shift in policy focus from the RBNZ from targeting employment and inflation, to just targeting inflation. The data and the policy decision helped to push the NZDUSD to new lows for the week and to the lowest levels since November 28.Technically, the price also moved away from its 100-hour moving average (blue line on the chart below) at 0.61305 and tested it 200-day moving average of 0.60878 (lower green step line on the chart below). The low price reached 0.60834 which was also in-between a swing area between 0.60788 and 0.60856. All those targets will be levels that would need to be broken on the downsid
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