• The New Zealand dollar held at 0.6674 against the Greenback, after having dropped 1.1 percent on Tuesday
  
  
• NZD/USD briefly dipped after RBNZ Governor Graeme Wheeler reiterated that further easing in the cash rate seemed likely
  
  
• The pair staged a a solid comeback, reversing the RBNZ Governor Wheeler's dovish comments induced downward spike and is currently trading at day's highs by 0.6676
  
  
• The RBNZ next reviews rates on Oct. 29, with swap rates giving a one-in-four chance of a cut to 2.5 percent
  
  
• Longer trend is bearish, but short-term rally could extend further, price action has edged above the cloud and Tenkan and Kijun show bullish crossover on dailies
  
  
• Support for NZD/USD was found at 0.6632 (100-Day MA) and resistance at a three-month peak of 0.6740 set on Monday
  
  

Recommendation: Good to buy dips around 0.6660/65, SL: 0.6615, TP: 0.6710

Resistance Levels:

R1: 0.6716 (Session high Oct 13)

R2: 0.6740 (Daily High Oct 12)

R3: 0.6772 (Daily High Jul 10)

Support Levels:

S1: 0.6655 (Session Low Oct 13)

S2: 0.6632 (100-Day MA)

S3: 0.6585 (10 DMA)