• 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
