Forex: NZD/USD accelerates its downside (Barcelona) - The Kiwi dollar is intensifying its downside after rumours about NZ officials looking for measures to counteract the stubbornly high levels of the NZD.
Prospects of a slowdown in the Chinese economy were weighting on the Kiwi dollar as of late and the RBA rate decision due tomorrow would be another catalyst for future price action in NZD.

Later on in the week, inflation figures will be published, ahead of the next RBNZ monetary policy meeting due on April 26

At the moment, the cross is losing 0.56% - weakest performance – at 0.8184, facing the next support at 0.8180 (low Apr.12) ahead of 0.8153 (low Apr.9) then 0.8117 (low Mar.29) and 0.8105 (Lower Bollinger).
On the flip side, a break above 0.8256 (MA55d) would bring 0.8315 (high Mar.15) then 0.8324 (low Mar.1) and 0.8331 (low Feb.29).