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• NZD/USD -0.8% from Tue 0.56315 high as jobs data undershoots expectations
• NZ Q3 HLFS unemployment 5.7% (poll 5.5%), job growth -0.1% (poll +0.4%)
• Futures pricing currently implies 78.2% probability of Dec 9 RBNZ hike
• Wed's U.S. midterm elections set to determine control of Congress
• U.S. & Iran remain far apart on potential peace deal as hostilities continue
• NZ's major parties (National & Labour) neck-and-neck in pre-election polls
• NZD looks set to challenge Oct 14 0.5566 low as downswing accelerates
• Range NZ 0.5584-0.56205, support 0.5566 0.5485, resistance 0.5995
0.6012
NZD Daily 21/55/100-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)