The Reserve Bank of New Zealand leaves the interest rate target unchanged at 5.50%, as expected, and the committee also agreed that interest rates may need to remain at a restricted level for a longer period of time, and the committee also said that although GDP growth in the June quarter was stronger than expected, growth expectations remain weak.

With monetary conditions remaining constrained, spending growth is expected to decline further, and there is a near-term risk that activity and inflation will not slow as much as required.

Technically: Waiting to breach landing trend levels and resistance levels 1.0735 and close top of the candle at least 4 hours

And then we can buy the pair to target levels of 1.0780 and then 1.0830.

Stop coming back inside the downward trend again.