• NZD/USD slipped lower on Wednesday as dollar attracted bids as investors picked up on bets of a victory by Donald Trump.
• Dollar rose across the board after online prediction markets started to favour Republican candidate Trump over Democratic nominee Vice President Kamala Harris for the nation's top job.
• Investors are now focused on the upcoming two-day meeting of the Federal Reserve, where a more cautious 25-basis-point rate cut is widely anticipated.
.
• At (GMT 05:24) Kiwi dollar was trading at down 0.89 % at $0.5948 against the U.S. dollar.
• From a technical viewpoint, the moving averages are pointing downwards, while the RSI is strongly bearish at 34.
• Immediate resistance is located at 0.5974(5SMA), any close above will push the pair towards 0.6016(38.2%fib).
• Support is seen at 0.5939(23.6%fib) and break below could take the pair towards 0.5900(Psychological level).
Recommendation: Good to sell around 0.5960 with stop loss of 0.6020 and target price of 0.5870


EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
FxWirePro- Woodies Pivot (Major)
FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data
FxWirePro: GBP/AUD edges higher but maintains bearish bias
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD loses upside momentum but outlook is bullish
FxWirePro- Woodies Pivot (Major)
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: GBP/NZD bulls gear up for next leg higher, eyes 2.3500level
FxWirePro- Major Pair levels and bias summary 



