• GBP/NZD strengthened on Thursday as kiwi dollar eased on dovish expectation from RBNZ.
• Investors are betting on a 50bps cut to the RBNZ's 4.25% cash rate in February, citing ongoing economic weakness.
•On the data front, New Zealand's annual food inflation rose to 1.5% in December, the highest level in ten months, up from 1.3% in November.
• A daily close above 38.2%fib will further improve the technical outlook, and open the possibility of a rally towards 2.1900 level.
• Immediate resistance is located at 2.1875(38.2%fib), any close above will push the pair towards 2.2034(23.6%fib).
• Immediate support is seen at 2.1747 (50%fib) and break below could take the pair towards 2.1619(61.8%fib).
Recommendation: Good to buy around 2.1830, with stop loss of 2.1750 and target price of 2.1900


AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside 



