• NZD/USD rose on Monday as anxiety over tariffs and Trump’s remarks against the Fed dragged the dollar lower
• On Thursday, Trump launched fresh attacks on Fed Chair Jerome Powell, as his team considered firing him an action that could threaten the Fed’s independence and unsettle global markets.
• Financial markets were roiled in April by Trump’s tariffs, which led to a selloff in both Treasuries and the dollar, casting doubt on the U.S.’s safe-haven reputation.
•Markets were closed on Friday, and many, particularly in Europe, continued the break for Easter Monday.
• At GMT 06:56, The New Zealand's dollar was last trading up 1.16% to $0.5905
• Immediate resistance is located at 0.6022(23.6%fib), any close above will push the pair towards 0.6060 (Higher BB).
• Support is seen at 0.5923 (38.2%fib) and break below could take the pair towards 0.5887(April 16th low).
Recommendation: Good to buy around 0.5980 with stop loss of 0.5900 and target price of 0.6080
