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FxWirePro: NZD/USD hovers around 0.5665 as a market await US data for direction 
FxWirePro: GBP /AUD drops below 1.9900 level as market awaits Bank of England rate cut decision 
FxWirePro: USD/MXN consolidating around 20.550, bias is bullish 
• NZD/USD remained defensive on Friday as investors focused on the U.S. employment report for clues on the future direction of interest rates.
• Nonfarm payrolls is expected to have increased by 170,000 jobs last month after surging 256,000 in December .
•Markets are pricing in 43 basis points of easing this year from the Fed with a rate cut in July fully priced in as policymakers are in no hurry to start the rate-cutting cycle again..
• At (GMT 05:57) Kiwi dollar was trading at down 0.02% to 0.5674 against the U.S. dollar.
• Immediate resistance is located at 0.5699(61.8%fib), any close above will push the pair towards 0.5744(Higher BB).
•Support is seen at 0.5649 (50%fib) and break below could take the pair towards 0.5595(38.2%fib).
Recommendation: Good to sell around 0.5680 with stop loss of 0.5730 and target price of 0.5600
