• NZD/USD steadied above 0.5800 level on Tuesday as gains were driven by a burst of optimism about the outlook for Chinese growth.
• On Monday, China's economic data fueled optimism as retail sales gained momentum and industrial production exceeded expectations.
•New Zealand's Gross Domestic Product (GDP) data is scheduled for release later this week.This report will provide insights into the country’s economic health .
• At GMT 05:59, The Kiwi dollar was last trading up 0.02% to $0.5734 against greenback.
• Immediate resistance is located at 0.5849(23.6%fib), any close above will push the pair towards 0.5900(Psychological level ).
• Support is seen at 0.5800 (38.2%fib) and break below could take the pair towards 0.5758 (50%fib).
Recommendation: Good to buy around 0.5800, with stop loss of 0.5740 and target price of 0.5860


FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: AUD/USD dips on soft China data
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: USD/CAD pauses decline,critical support lies ahead
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary 



