• EUR/NZD steadied on Monday as investors continued assess concerns over U.S. trade tariffs and mounting worries over the strength of the U.S. economy.
• Trump's tariffs have roiled financial markets in recent weeks and remain a big concern for investors.
• On the trade war front, China accused the U.S. of tariff abuse and cautioned other nations against entering broader economic deals with Washington at China's expense.
• From a technical viewpoint, RSI is strongly bullish at 52, daily momentum studies, 5, 9 and 11 daily MAs all climb.
• Immediate resistance is located at 1.9386(38.2% fib), any close above will push the pair towards 1.9539 (April 14th high).
• Immediate support is seen at 1.9027(50% fib) and break below could take the pair towards 1.8805 (April 2nd low).
Recommendation: Good to buy around 1.9150 with stop loss of 1.9000, and target price of 1.9300
