• NZD/USD edged lower on Tuesday as the kiwi stayed under pressure amid expectations that the Reserve Bank will deliver a rate cut this week..
• Reserve Bank’s Monetary Policy Committee is set to lower the Official Cash Rate by 25 basis points to 2.25% on Wednesday in Wellington. Two economists anticipate a larger cut to 2%, while one projects no change.
• November’s Monetary Policy Statement will be the final one of the year and the last under acting Governor Christian Hawkesby before Anna Breman assumes the role in December.
• Immediate resistance is located at 0.5639(Nov 20th high), any close above will push the pair towards 0.5659(38.2%fib).
• Support is seen at 0.5582(23.6%fib) and break below could take the pair towards 0.5564(Lower BB).
Recommendation: Good to sell around 0.5620, with stop loss of 0.5770 and target price of 0.5550


FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY dips as dollar weakens on US-Iran escalation
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY trades flat ahead of Warsh's policy signals
FxWirePro: NZD/USD edges higher ahead of RBNZ decision
FxWirePro: AUD/USD hits three-month peak,scope for futher upside
FxWirePro: GBP/AUD extends decline, vulnerable to more downside
AUD/JPY Faces Downside Pressure Amidst Australian Dollar Weakness
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum 



