FxWirePro: NZD/USD maintains bullish bias with focus on 0.6150

• NZD/USD held firm  on Tuesday as    U.S. dollar edged lower as uncertainty over the Senate's push to pass President Donald Trump's fiscal and spending plan weighed on sentiment

• A vote on Trump’s broad tax and spending bill was anticipated during Tuesday’s Asian session, but extended debate over amendments delayed progress..

• Trump is pushing to get the bill passed before July 4, while markets monitor trade talks and Thursday’s U.S. jobs report.

•Thursday's nonfarm payrolls is expected to show 110,000 new jobs in June, down from 139,000 in May, according to   poll of economists.

•  Domestically, Markets largely expect the RBNZ to stay on hold on July 9, with just a 23% probability priced in for a 25bps rate cut.

• Immediate resistance is located at 0.6101(Daily high), any close above will push the pair towards 0.6128(23.6%fib).

•  Support is seen at 0.6066(38.2%fib)and break below could take the pair towards 0.6031 (SMA 9).

 Recommendation: Good to buy around 0.6080 with stop loss of 0.5920 and target price of 0.6150