Technical & Trade ViewNZDCADTrade VieWBias: Bullish Above Bearish below .8190/60TechnicalsPrimary support is .8190/60Primary upside objective .8400 Weekly TrendlineNext pattern confirmation, acceptance above .8285Failure below .8150 opens a test of .810020 Day VWAP bullish, 5 Day VWAP bullishInstitutional InsightsAnalysts at Credit Agricole note ‘The RBNZ’s aggressive tightening cycle will see NZ lead the rest of the G10 into an economic slowdown, and falling dairy prices on the back of a weak China economy are seeing the NZD underperform. The re-opening of the international border will be a positive for the coming 3M. Soft economic landings locally and internationally will improve the NZD’s prospects over the coming 6-12M’
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