• NZD/USD dipped on Wednesday as kiwi dollar was hit by risk-off sentiment and lower commodities prices.
• Oil plummeted 5% overnight, and iron ore futures experienced their biggest one-day drop in nearly two years.
.
• At (GMT 03:25) Kiwi dollar was trading at down 0.14 % at $0.6178 against the U.S. dollar.
• The technical outlook remains bearish and points to eventual bigger drop, Fourteen-day momentum is negitive
• Immediate resistance is located at 0.6223(38.2%fib), any close above will push the pair towards 0.6261 (Aug 28th high).
• Support is seen at 0.6171 (50%fib) and break below could take the pair towards 0.6117(61.8%fib).
Recommendation: Good to sell around 0.6180 with stop loss of 0.6250 and target price of 0.6110


FxWirePro: AUD/USD bulls struggles as upside momentum fades
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
FxWirePro- Woodies pivot (Major)
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
FxWirePro: USD/CNY gains some upside momentum but bias still bearish
FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary 



