• NZD/USD edged higher on Monday but gains were limited as investors focus turned as Reserve Bank of New Zealand's rate decision.
•The RBNZ meets on Wednesday. 60% of economists in a poll expect a half-point cut to the 5.25% cash rate.
• Investors anticipate that the Reserve Bank of New Zealand will reduce the cash due to worries about sluggish economic growth and increasing unemployment.
• At GMT 03:00 ,the kiwi dollar was up 0.13% at $0.6116 after hitting its lowest since 16th September on Friday.
• Immediate resistance is located at 0.6202(38.2%fib), any close above will push the pair towards 0.6233(Oct 4th high).
• Support is seen at 0.6152 (50%fib) and break below could take the pair towards 0.6105(61.8%fib).
Recommendation: Good to sell around 0.6130 with stop loss of 0.6050 and target price of 0.6200


FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/CAD bulls continue to hold the higher ground
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY edges higher but bulls lack punch
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 



