• EUR/NZD strengthened on Tuesday as investors cheered U.S. President Donald Trump's delayed tariffs on European Union imports.
• Trump said on Tuesday the EU's move to set up trade meetings was positive and he hoped Europe would "open up" to trade with the U.S.
• A busy week awaits the Eurozone, featuring high-impact releases such as EU employment figures and retail sales data..
• Additionally, inflation readings from Germany, France, Italy, Spain and the wider Eurozone will shed light on regional price trends and the monetary policy outlook.
• The US calendar is packed with April Durable Goods data, FOMC minutes, the Q1 GDP second estimate, and Core PCE.
• Immediate resistance is located at 1.9154(50%fib), any close above will push the pair towards 1.9278(April 30st high)
• Strong support is seen at 1.9043(SMA 9) and break below could take the pair towards 1.8827(61.8%fib).
Recommendation: Good to buy around 1.9050, with stop loss of 1.8950 and target price of 1.9150
