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FxWirePro: EUR/NZD steadies above 1.8000, retains bid tone focus 
FxWirePro: NZD/USD moves lower after Reserve Bank of New Zealand cut cash rate 
FxWirePro: NZD/JPY under pressure from RBNZ's dovish 50-bps rate cut 
FxWirePro: EUR/AUD eases slightly but maintains bullish outlook 
FxWirePro: GBP/USD force is with bears as pair hits lowest since September 12th 
FxWirePro: EUR/NZD rallies as RBNZ rate cuts hits kiwi dollar 
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought 
FxWirePro:GBP/USD pauses decline, critical support lies ahead 
FxWirePro- Gold Daily Outlook 
• NZD/USD consolidates around 0.6085 on Thursday after a sharp 1.3% drop Wednesday on RBNZ's dovish rate cut.
• On Wednesday, the RBNZ cut official cash rate from 5.25% to 4.75%, its second successive cut since August, in response to slowing inflation and economic activity.
• Swaps now imply a 13% chance that the RBNZ could even cut by a 75 basis point in November.
• At GMT 04:16 ,the kiwi dollar recovered 0.36% at 0.6106, after plunging 1.3% overnight to as low as $0.6050 .
• Immediate resistance is located at 0.6114(50%fib), any close above will push the pair towards 0.6143(Oct 9th hiigh).
• Support is seen at 0.6054(23.6%fib) and break below could take the pair towards 0.6019 (lower BB).
Recommendation: Good to sell around 0.6100 with stop loss of 0.6200 and target price of 0.6000
