AUD/NZD pair was subject to very strong fluctuations yesterday evening. All because of fixing interest rates in New Zealand and delivering a message. The rates remained unchanged, which after short-term fluctuations, led to increases on the pair in question. Although the candle yesterday ended with a long top shadow, the current one tries to break the yesterday’s maximum. The price is already well above the range of the previous correction, which may suggest a desire for further increases eg to the area around the upper edge of the growth channel.
