NZDJPY Consolidation: Bullish Resilience Prepares for a Breakout Toward 96.00 
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FxWirePro- Major Pair levels and bias summary 
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FxWirePro: NZD/USD eases slightly but bias is bullish 
FxWirePro- Woodies Pivot(Major) 
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Bank of Japan Signals Rate Flexibility Amid Yen Volatility 
RBNZ Holds Rates at 2.25% as Middle East Conflict Fuels Inflation Concerns 
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path 
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FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: EUR/AUD downtrend intact, eyes 1.6400level 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
NZD lost its shine after a surprise dovish rate cut. It declined sharply to 0.60040 and is currently trading around 0.60054.
The Reserve Bank of New Zealand (RBNZ) cut rates by 25 bps to 5.25% from 5.50% today. The central bank’s new economic projection indicates a possibility of another rate cut this year and 100 bpbs in 2025.
Annual CPI inflation is projected at 2.4% by Sep 2025 vs 2.2% previous.
The near-term support is around 0.59970, any break below will drag the pair to 0.5970/0.5940.
On the higher side, immediate resistance is 0.60230 any breach above targets 0.6350/0.60440.
It is good to sell on rallies around 0.60250 with SL around 0.6050 for a TP of 0.5945.
