• NZD/USD steady around $0.6138 on Thursday as investors digested mixed U.S. consumer inflation report that reinforced expectations of a smaller rate cut by the Fed next week.
• The Reserve Bank of New Zealand is scheduled to meet on October 9, with economists expecting a 25 basis point cut. However, markets suggest a small possibility of a 50 basis point reduction.
.• On the data front, Food prices in New Zealand increased by 0.4% year-on-year in August. On a monthly basis, they rose by 0.2%, a slowdown from the 0.6% gain observed in July, according to Statistics New Zealand.
.
• At (GMT 03:30) Kiwi dollar was trading at up 0.02 % at $0.6138 against the U.S. dollar.
• Immediate resistance is located at 0.6173(38.2%fib), any close above will push the pair towards 0.6214(Sep 4th high).
• Support is seen at 0.6113(50%fib) and break below could take the pair towards 0.6050(61.8%fib).
Recommendation: Good to sell around 0.6140 with stop loss of 0.6200 and target price of 0.6060


NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
Crypto Bias Report: Trend Signals and Top Bullish Picks
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro:USD/JPY hovers near a four-decade low
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds 



