• NZD/USD dipped on Friday as kiwi dollar was hit by dovish outlook on interest rates from the Reserve Bank of New Zealand.
•The central bank’s Governor Anna Breman said gradual easing of inflation gives the economy space to grow in 2026, suggesting only moderate adjustments to interest rates may be needed.
•The central bank maintained its cash rate earlier this week, highlighting that supportive policy will continue as inflation moves slowly toward the center of the target range.
• Markets imply only a 40% chance of an increase in the 2.25% cash rate by September, from 68% early in the week, while October has shifted to 68% from 100%.
• Immediate resistance is located at 0.5998(38.2%fib), any close above will push the pair towards 0.6019 (SMA 20).
• Support is seen at 0.5943 (Lower BB) and break below could take the pair towards 0.5920(50%fib).
Recommendation: Good to sell around 0.5960 with stop loss of 0.6050 and target price of 0.5870


Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
FxWirePro: GBP/USD hits one-month high, scope for further upside
FxWirePro:EUR/NZD extends fall, key support lies ahead
FxWirePro: USD/ZAR downside pressure builds, key support level in focus
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro: EUR/AUD bears maintain upper hand
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: GBP/AUD loses momentum but outlook is bullish 



