• NZD/USD gains some ground on Tuesday after RBNZ top central banker warned of higher inflation from oil prices
• RBNZ Governor Anna Breman said on Tuesday that if higher oil prices persisted, inflation could exceed earlier forecasts, adding that the economic recovery was expected to gain momentum and broaden..
•RBNZ Governor Anna Breman said in speech notes from Dunedin that the economic recovery was expected to gain strength and become more broad-based, helped by exports and a gradual pickup in household spending.
• The central bank raised its main cash rate by 25 basis points to 2.75% at its September policy meeting, but signaled a more gradual pace of further tightening than many market participants had expected.
• The RBNZ meets on October 28 and markets imply a 75% chance that it will raise rates again to 3%.
• Immediate resistance is located at 0.5772(50%fib), any close above will push the pair towards 0.5836(SMA20)
• Support is seen at 0.5697(38.2%fib) and break below could take the pair towards 0.5673(Lower BB).
Recommendation: Good to sell around 0.5770 with stop loss of 0.5850 and target price of 0.5700


FxWirePro: GBP/NZD bull’s hold the higher ground, remains on bullish path
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
FxWirePro: USD/ZAR eases ahead of South Africa inflation data and SARB decision
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY starts the week cautiously as thin holiday trading limits moves
FxWirePro: USD/CNY slides to fresh 3-1/2-year low as yuan firms
AUDJPY Pullback: Sell on Rallies as Resistance Holds Near 112
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/AUD edges higher but maintains bearish bias
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro: AUD/USD gains slightly ahead of key RBA policymakers’ speeches
FxWirePro: EUR/NZD edges higher, remains on front foot
FxWirePro: GBP/AUD edges lower, vulnerable to more downside
JPY Major Currency Score: NZDJPY Leads Bearish Trend, Others Neutral
FxWirePro: USD/CNY hovers near 3-1/2-year low ,outlook strongly bearish 



