• EUR/NZD strengthened on Monday as investors dumped riskier assets on worries over U.S. President Donald Trump's upcoming announcement of extensive tariff plans on April 2.
• U.S. President Donald Trump is set to unveil reciprocal tariffs on April 2, with automobile tariffs scheduled to take effect the following day, April 3.
• On the data front, Germany's consumer price inflation eased to 2.3% in March, preliminary data showed, versus forecasts of 2.4% from economists .
•Eurozone inflation data, scheduled for release on Tuesday, will be closely watched by traders and market participants.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 65 bullish, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.9103 (38.2%fib), any close above will push the pair towards 1.9156(Higher BB).
• Strong support is seen at 1.8950(50%fib) and break below could take the pair towards 1.8830(61.8% fib )
Recommendation: Good to buy around 1.9030, with stop loss of 1.8950 and target price of 1.9120


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