AUDNZD

Key Indicators

• The current upward move still looks more like a retest of the broken structure rather than the beginning of a new uptrend, and the 4-hour chart reveals weak upward momentum.

Fundamental Context

The latest economic data showed New Zealand’s economy grew 0.8% in the March 2026 quarter, following a 0.5% expansion in the prior quarter but missing the Reserve Bank’s 1.0% forecast. Annual GDP rose 1.5%, beating market expectations of a 1.1% rise.