• NZD/USD eased on Wednesday after the Reserve Bank of New Zealand (RBNZ) held rates steady but signaled a likely cut ahead.
• The RBNZ held its interest rate at 3.25% on Wednesday, citing short-term inflation risks, but signaled possible rate cuts ahead if inflation continues to decline as expected..
• The central bank has lowered rates by 225 basis points since August, but with inflation at 2.5% and trade tensions posing potential upside risks, policymakers are now taking a more cautious stance.
• RBNZ meeting minutes showed the bank expects to cut rates in line with its May projections but sees a case for waiting until August due to short-term inflation risks.
•At GMT 04:39, the New Zealand dollar was trading down 0.01% at 0.5998 against greenback .
• Immediate resistance is located at 0.6069(Jul 7th high), any close above will push the pair towards 0.6111 (23.6%fib).
• Support is seen at 0.5983(38.2%fib)and break below could take the pair towards 0.5912(Lower BB).
Recommendation: Good to sell around 0.6020 with stop loss of 0.6090 and target price of 0.5940


FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
FxWirePro: AUD/ USD eases as risk sentiment remains fragile
FxWirePro: GBP/USD under pressure despite UK's modest economic growth
CAD/JPY Surges on Broad-Based Canadian Dollar Buying
GBPJPY Pulls Back on Profit Booking but Bullish Setup Holds: Buy Dips Toward 223
NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral
FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts
FxWirePro- Woodies pivot (Major)
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align 



