• NZD/ USD traded within close proximity to the 2024 peak on Monday as market absorbed Fridays U.S. Federal Reserve Chair Jerome Powell's remarks on interest rate hike.
• With no New Zeland economic data release today, market sentiment and movements in the USD will primarily influence the New Zealand dollar.
.
• At (GMT 03:17) kiwi dollar was trading at down 02 % at $0.6218 against the U.S. dollar.
• The technical outlook remains bullish and points to eventual bigger gains, Fourteen-day momentum is positive, reinforcing the scope for a bigger gains .
• Immediate resistance is located at 0.6237(23.6%fib), any close above will push the pair towards 0.6267 (Higher BB).
• Support is seen at 0.6170 (38.2%fib) and break below could take the pair towards 0.6115(50%fib).
Recommendation: Good to buy around 0.6180 with stop loss of 0.6070 and target price of 0.6260


FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: USD/CAD edges lower but bullish outlook persists
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro- Woodies pivot (Major)
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral 



