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NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
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FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
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• EUR/NZD declined on Thursday as expectation RBNZ would raise rates at its Oct. 6 policy meeting boosted kiwi dollar.
• The market is fully priced for a quarter-point hike to 0.5%, with another pencilled in for November.
• Todays drop has put EUR/NZD back below 50%fib and has put the 61.8%fib( 1.6671) back in play.
• Technical signals show the pair could lose more ground as RSI is turning lower , and 9, 11,21 DMA’s are trending south.
• Immediate resistance is located at 1.6793 (38.2%fib), any close above will push the pair towards 1.6671(21 DMA).
• Immediate support is seen at 1.6727 (38.2%fib),and break below could take the pair towards 1.6671(21 DMA)..
Recommendation: Good to sell round 1.6780 with stop loss of 1.6900 and target price of 1.6700
