• 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


Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: AUD/USD edges lower, but bullish outlook persists
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro: GBP/USD hits one-month high, scope for further upside
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
Gold Loses Steam After Strong U.S. Retail Sales
FxWirePro- Woodies pivot (Major)
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align 



