• NZD/USD initially dipped but recovered some ground on Wednesday as investors digested New Zealand annual inflation data .
• New Zealand's consumer price index (CPI) rose by 0.6% in the third quarter, falling short of expectations of a 0.7% increase.
• Annual inflation also fell to 2.2% from 3.3% the previous quarter, returning to the central bank's goal range of 1-3%.
• The kiwi dollar was down 0.28% at $0.6066 after daily low at 0.6043.
• Immediate resistance is located at 0.6104(38.2%fib), any close above will push the pair towards 0.6117 (Oct 11th high).
• Support is seen at 0.6049 (38.2%fib) and break below could take the pair towards 0.6019(Lower BB).
Recommendation: Good to sell around 0.6080 with stop loss of 0.6180 and target price of 0.6000


FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
FxWirePro- Woodies Pivot(Major)
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro- Woodies Pivot(Major)
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
FxWirePro- Major European Indices
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire 



