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Australia S&P Global Services PMI came in at 52.4, above expectations (52) in September

NZD/USD Price Forecast: Stalls near 200-SMA, bearish bias emerges

The NZD/USD reversed its course on Thursday as it formed a doji after hitting weekly highs near the 200-day Simple Moving Average (SMA) of 0.5845, but it reversed, ending the day virtually unchanged at around 0.5816.
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Australia S&P Global Composite PMI: 52.4 (September) vs 52.1

Australia S&P Global Composite PMI: 52.4 (September) vs 52.1
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