Higher inflation expectations helped cap AUD/NZD’s rally ahead of tonight’s RBNZ meeting. But with the trend favouring further upside, it could be too soon to write off another push higher just yet. We can see on the daily chart that two prominent swing lows have formed since 1.0488, both of which provokedstrong bullish reactions around key Fibonacci levels. Earlier in Julywe highlighted its bullish potentialalthough warned of a pause in trend. Interestingly, whilst the bearish pinbar and6-day countmentioned did lead to a 3-day retracement, it took 25-days days in total before the cross broke to new highs. And ... (full story)