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FxWirePro: NZD/USD drifts lower as markets await US inflation data 
- Kiwi reversed a part of yesterday's losses and ticks higher in Asia, completely ignoring the weakness in the Asian stocks
- NZD/USD edged down to 0.6628 on Thursday, after rising as high as 0.6680 the previous day, as the U.S. dollar strengthened on strong employment data
- Uptrend in the Kiwi for the week intact, boosted in part by stabilising dairy prices seen at a global dairy auction, RSI and Stochs on weeklies biased higher
- But, the RBNZ at its policy meeting next week is widely expected to cut interest rates by 25 bps to 2.5 percent , in part to rein in the local dollar
- The pair's inability to hold above the daily cloud top also highlights downside, we recommend going short on rallies around 0.6680, SL: 0.6730, TP: 06580
Resistance Levels:
R1: 0.6658 (Daily cloud top)
R2: 0.6690 (Daily High Dec 1)
R3: 0.6720 (61.8 Fib of Oct-Nov slide)
Support Levels:
S1: 0.6614 (Dec 2 low)
S2: 0.6584 (Daily low Dec 1)
S3: 0.6576 (10 & 55 Day MAs)
