Kiwi recovered from fresh daily lows struck at 0.6742 in opening trades after release of NZ trade balance data.
- NZD/USD plunged almost 50 pips in a knee-jerk reaction to the poor NZ trade figures which revealed that the trade deficit unexpectedly expanded last month
- However, recovery remains weak on the back of persisting risk-aversion across Asia, falling oil and bullion likely to keep the bird undermined
- RBNZ (Thursday) will likely stay on hold, expected to take a dovish tone and could even talk down the currency afresh
- NZD/USD is currently trading at 0.6771, with immediate support at 0.6762 (5-DMA) and further below at 0.6741 23.6% Fib retrace Sep/Oct rise
- Major trendline resistance is located at 0.6785, daily Stochs and RSI point South, pair cloud resume downtrend
Recommendation: Good to sell rallies around 0.6775/80, SL: 0.6810, TP: 0.6740, TP2: 0.6710


FxWirePro: USD/CAD steadies around 1.3835,retains bid tone
GBP/JPY Breakout Blitz: Triple EMA “Buy-the-Dip” Setup Eyes 216–217 as Yen Momentum Crumbles
ETH Cracks $2,100 in Bitcoin’s Wake as Bearish EMA Stack Deepens; Sellers Target $1,900 on Rallies
Ether Breaks Below $2,100: Triple EMA “Sell-the-Rally” Setup Targets $1,900
FxWirePro: GBP/NZD advances as kiwi weakens ahead of RBNZ decision
FxWirePro: AUD/USD eases on cooler than anticipated CPI
FxWirePro- Major Pair levels and bias summary
NZDJPY Powers Past 93.50 on Hawkish RBNZ Pause—Bulls Target 94.40, But Resistance Awaits
FxWirePro: GBP/USD eases slightly as Iran deal proves elusive
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro- Major European Indices
AUDJPY Pares Gains as Soft Australian CPI Cools Rally; Bulls Circle Key Dip-Buying Zone at 113.40
FxWirePro: NZD/USD slips ahead of RBNZ policy decision
FxWirePro: USD/ZAR momentum strongly bearish despite pause in losses
FxWirePro: GBP/USD slips lower as markets struggle to read U.S.-Iran situation 



