CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro- Major European Indices 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
Chart - Courtesy Trading View
NZD/USD was trading 0.04% lower on the day at 0.6869 at around 06:00 GMT, outlook is bearish.nzd
The kiwi was hammered lower on Wednesday after the Reserve Bank of New Zealand (RBNZ) disappointed markets with smaller-than-expected interest rate hike.
RBNZ hiked its interest rate to 0.75% and raised its long-term cash rate projection by 50 bps. Investors had expected a bigger hike and long-term cash rate projection from the central bank.
On the other side, FOMC minutes on Wednesday showed policymakers readiness to speed up the taper of their bond-buying programme if high inflation held.
Further data released overnight showed readings on the labour market and consumer spending outstripped forecasts, while inflation continued to heat up.
The major has broken major trendline support (Symmetric Triangle base) and has slipped below key support at 110-week EMA at 0.6887.
Price action has been capped at 200-month MA and the pair is extending choppy trade on the monthly charts.
Technical indicators on the weekly and daily charts have turned bearish, scope for test of 200-week MA at 0.6759.
