• GBP/NZD gained upward traction on Monday as dovish policy outlook and weak economic data from New Zealand weighed on kiwi dollar .
• Investors are positioning for a dovish Reserve Bank of New Zealand on Wednesday that could surprise with a super-sized 75 basis point rate cut. In contrast,
• Data showed retail sales in New Zealand fell 0.1% in volume terms last quarter, a smaller drop than many economists had expected thanks to stronger vehicle sales..
• Technicals are favouring bullish sentiment as RSI is at 55 and the pair is trading above 11 & 21-DMAs.
• Immediate resistance is located at 2.1544 (38.2%fib ), any close above will push the pair towards 2.1589 (2MSMA).
• Strong support is seen at 2.1443 (38.2%fib) and break below could take the pair towards 2.1355(50%fib).
Recommendation: Good to buy around 2.1500, with stop loss of 2.1400 and target price of 2.1590


FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation
FxWirePro: GBP/AUD edges higher but maintains bearish bias
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
FxWirePro- Woodies Pivot (Major)
FxWirePro- Major Crypto levels and bias summary
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD firms after RBA governor Bullock comments
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
FxWirePro: USD/CAD loses upside momentum but outlook is bullish
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340
FxWirePro: GBP/AUD falls after BoE rate hold
BoE Pause Pulls Back Sterling: GBP/JPY Dips to 207.92 Despite Hawkish Undercurrents
FxWirePro: EUR/AUD downside pressure builds, key support level in focus 



