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• NZD/USD edged lower on Tuesday as investors braced for U.S. President Donald Trump's tariffs.
• Investors await details of a fresh round of reciprocal levies that the White House is due to announce on Wednesday.
• Trump sees tariffs as a tool to protect the U.S. economy and secure better trade deals, but fears of a trade war are unsettling markets and raising concerns of a U.S. recession.
•President Donald Trump announced that nearly all countries around the world would be facing tariffs within the upcoming week.
• At GMT 07:00, the New Zealand dollar was down 0.10% to 0.5673 against the US Dollar.
• Immediate resistance is located at 0.5737(50%fib), any close above will push the pair towards 0.5765(March 26th high ).
• Support is seen at 0.5691(38.2%fib) and break below could take the pair towards 0.5631 (23.6%fib).
Recommendation: Good to buy around 0.5670, with stop loss of 0.5600 and target price of 0.5750
