• NZD/USD bounced on Wednesday after New Zealand's central bank cuts rates by 50bps and signalled further easing to support a weak economy.
• New Zealand's central bank reduced its benchmark rate by 0.5% to 3.75% on Wednesday and signaled more cuts ahead to boost the economy as inflation slows.
• Reserve Bank of New Zealand Governor Adrian Orr said the board now expects a lower terminal rate than in November, with two more 0.25% rate cuts planned for April and May, depending on economic conditions.
• At GMT 05:28, The kiwi dollar was last trading up 0.26% to $0.5700. .
• Immediate resistance is located at 0.5752(50%fib), any close above will push the pair towards 0.5840(61.8%fib).
• Support is seen at 0.5656(38.2%fib) and break below could take the pair towards 0.5592(Lower BB).
Recommendation: Good to sell around 0.5740 with stop loss of 0.5800 and target price of 0.5650


Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR sell bias remains below key resistance zone
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit 



