• NZD/USD consolidates around 0.5889 on Tuesday as traders await fresh signals on U.S. political developments and further guidance on Federal Reserve policy
•Market participants are looking for any indications that could impact the Fed's next moves on interest rates, especially in light of ongoing concerns about inflation and economic growth.
•The lack of major economic data today has left the pair range-bound as traders stay on edge for potential market-moving news.
.
• At (GMT 06:21) Kiwi dollar was trading at up 0.22 % at $0.5866 against the U.S. dollar.
• The technical outlook remains bearish and points to eventual bigger drop, fourteen-day momentum is negitive.
• Immediate resistance is located at 0.5898(38.2%fib), any close above will push the pair towards 0.5889(11SMA).
• Support is seen at 0.5841(23.6%fib) and break below could take the pair towards 0.5831 (Lower BB).
Recommendation: Be on sidelines


FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro: USD/CAD edges lower but bullish outlook persists
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro- Major Crypto levels and bias summary
Crypto Bias Report: Trend Signals and Top Bullish Picks 



