As the head of RBNZ E. Orr said in an interview with Bloomberg: 

1. At this stage, he does not want to resort to negative interest rates.

2. I'm ready for this step, but much later.

3. This option remains one of the options for the RBNZ.

4. The strategy of the Central Bank is to control the yield curve and keep it in flat at low levels.

NZD/USD, 30 min

Pivot: 0.6110

Analysis:

Provided that the currency pair is traded above 0.6077, follow the recommendations below:

• Time frame: 30 min
• Recommendation: long position
• Entry point: 0.6110
• Take Profit 1: 0.6154
• Take Profit 2: 0.6176

Alternative scenario: 

In case of breakdown of the level 0. 6077 follow the recommendations below:

• Time frame: 30 min
• Recommendation: short position
• Entry point: 0.6077
• Take Profit 1: 0.6041
• Take Profit 2: 0.6019

Comment:

RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 0.6092 and 0.6086).

Key levels:

NZD/USD, D1

Pivot: 0.6078

Analysis:

While the price is above 0.5833, follow the recommendations below:

• Time frame: D1
• Recommendation: long position
• Entry point: 0.6078
• Take Profit 1: 0.6394
• Take Profit 2: 0.6545

Alternative scenario:

If the level 0. 5833 is broken-down, follow the recommendations below.

• Time frame: D1
• Recommendation: short position
• Entry point: 0.5833
• Take Profit 1: 0.5582
• Take Profit 2: 0.5433

Comment:

RSI is above its neutrality area at 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI would call for further downside. Moreover, the pair is above its 20 and 50 MAs (respectively at 0.6046 and 0.5993).

Key levels:

We also advise you to pay attention to the following currency pairs for intra-day trading:

AUD/USD – buy above 0.6520 with 0.6565 and 0.6585 as Take Profit targets. Alternative scenario - if the level of 0.6520 is broken-down, you should consider selling with the targets 0.6505 and 0.6475 as Take Profit.
USD/CAD - short positions below 1.3970 with 1.3895 and 1. 1.3865 targets as Take Profit. Alternative scenario - if the level of 1.3970 is broken-out, buy with the targets 1.4000 and 1.4030 as Take Profit.
EUR/USD – buy above 1.0915 with 1.0975 and 1.0990 as Take Profit targets. Alternative scenario - if the level  1.0915 is broken-down, you should consider selling with the targets 1.0900 and 1.0870 as Take Profit.