• NZD/USD slipped lower on Friday as US dollar strengthened ahead of US non-farm payroll data.
• Friday's U.S. nonfarm payrolls data could guide interest rate expectations as traders navigate geopolitical risks, tariff impacts on growth and inflation trends..
•Investors have ramped up bets of further Federal Reserve rate cuts this year following a slew of weaker-than-expected U.S. economic data and worries about the impact of Trump's tariffs.
•Meanwhile, on Thursday, Trump suspended the 25% tariffs on most Mexican and Canadian goods, adding another twist to his shifting trade policy that has unsettled global markets.
• At GMT 06:13, The Kiwi dollar was last trading down 0.41% to $0.5711 against greenback.
• Immediate resistance is located at 0.5744(61.8%fib), any close above will push the pair towards 0.5781(Higher BB ).
• Support is seen at 0.5689 (50%fib) and break below could take the pair towards 0.5628 (38.2%fib).
Recommendation: Good to sell around 0.5740, with stop loss of 0.5800 and target price of 0.5650
