FxWirePro: USD/CAD extends drop, faces 50%fib support 
FxWirePro: AUD/USD consolidates gains ,remains on positive footing 
FxWirePro: NZD/USD sustains gains as uptrend remains strong 
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85 
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
FxWirePro- Major European Indices 
FxWirePro: GBP/NZD edges higher but bearish outlook persists 
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70 
FxWirePro: EUR/AUD poised for further downside after key fibo break 
FxWirePro: AUD/USD firms as Australian household spending records sharp jump 
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45 
FxWirePro: USD/ CNY gains some upside momentum but still bearish 
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
• NZD/USD strengthened on Friday as the dollar dipped amid investor concerns over a slowing U.S. economy.
• Investors are awaiting the release of delayed U.S. data following the government reopening, with expectations it may highlight a slowing economy..
• The U.S. government reopened following a record 43-day shutdown that had rattled investors and stalled economic data releases.
• Last month’s 25-basis-point Fed rate cut came with a note of caution from Chair Powell, who highlighted the lack of data as a reason to hold off on further cuts..
• Traders are currently pricing in a 51% probability of a quarter-point rate cut from the Fed next month, down from 64% in the previous session.
• Immediate resistance is located at 0.5693(38.2%fib), any close above will push the pair towards 0.5704(SMA 20).
• Support is seen at 0.5603(23.6%fib) and break below could take the pair towards 0.5580 (Lower BB).
Recommendation: Good to sell around 0.5690, with stop loss of 0.5750 and target price of 0.5600
