• EUR/NZD gained traction on Tuesday as kiwi dollar weakened ahead of Reserve Bank of New Zealand rate decision.
• Markets widely anticipate that the Reserve Bank of New Zealand (RBNZ) will reduce the cash rate by 25bps at its upcoming meeting.
• In July, the central bank held rates at 3.25%, citing near-term inflation risks, but signaled readiness to ease if price pressures fell.
• Inflation came in at 2.7% last quarter, within the RBNZ’s 1–3% target range, while expectations have slightly eased.
• Technical are bullish, daily RSI is positive at 63, daily momentum studies 9 and 10 DMAs are trending up.
• Immediate resistance is located at 1.9875(Higher BB), any close above will push the pair towards 1.9982(Higher BB)
• Strong support is seen at 1.9652(50%fib) and break below could take the pair towards 1.9578(SMA 20).
Recommendation: Good to buy around 1.9700, with stop loss of 1.9630 and target price of 1.9780


AUD/JPY Faces Downside Pressure Amidst Australian Dollar Weakness
FxWirePro: GBP/NZD downtrend loses steam but outlook still bearish
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets
FxWirePro- Major Pair Currency Score (AUDUSD Bullish)
FxWirePro: EUR/ AUD gains slightly but remains on bearish path
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
FxWirePro: USD/CNY dips as dollar weakens on US-Iran escalation
FxWirePro: AUD/USD holds steady ahead of key Australian and U.S. data
JPY Major Currency Scores: USDJPY and GBPJPY Lead Bullish Trend
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/AUD stuck in range but maintains bearish bias
FxWirePro: USD/JPY hovers near 160, outlook bullish
FxWirePro: GBP/USD cedes early gains ,outlook bearish
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: USD/CNY hovers near 3 -1/2 year low , outlook bearish
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside 



