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FxWirePro: NZD/USD uptrend gains momentum as Trump policy fears ebb

• NZD/USD jumped higher  on Friday as the U.S. dollar weakened after Trump  expressed confidence he could reach a deal with China and preferred avoiding tariffs .

• Trump's softer tone helped lift the kiwi dollar by 0.4%, reaching a five-week high of $0.6312.

•Currency markets have been cautious following a volatile few sessions since Trump’s return to the White House, largely driven by his statements on tariffs.
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• At (GMT 05:55) Kiwi dollar was trading at up  0.60% at $0.5708 against the U.S. dollar. 
 
•  Immediate resistance is located at 0.6714(50%fib), any close above will push the pair towards 0.5793(50%fib).

•Support is seen at 0.5644 (50%fib) and break below could take the pair towards 0.5619  (Jan 21st low ).

 Recommendation: Good to buy  around 0.5700, with stop loss of 0.05600 and target price of 0.5780

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