• NZD/USD strengthened on Thursday as dollar weakened as investors digested U.S. President Donald Trump's latest tariff plans.
• Trump stated on Wednesday that he would unveil new tariffs within the next month, or sooner, adding lumber and forest products to previously announced plans.
• Market players were also evaluating Trump’s comments that "it's possible" for the U.S. and China to reach a new trade deal.
• At GMT 14:59, The kiwi dollar was last trading up 0.68% to $0.5743. .
• Immediate resistance is located at 0.5756(38.2%fib), any close above will push the pair towards 0.5795(Dec17th high).
• Support is seen at 0.5686(50%fib) and break below could take the pair towards 0.5647 (Jan 23rd low).
Recommendation: Good to buy around 0.5730 with stop loss of 0.5680 and target price of 0.5780
