• NZD/USD edged higher on Tuesday as investors awaited updates on U.S. trade policy and Federal Reserve Chair Jerome Powell's comments on tariffs and inflation..
•On Monday, Trump increased tariffs on steel and aluminium imports to 25%, boosting U.S. steelmaker share prices, and promised to announce global reciprocal tariffs soon.
• Fed Chair Powell is set to testify on Tuesday before the Senate Banking Committee, with his remarks on tariffs and inflation expected to be closely watched.
• Looking ahead, New Zealand's data calendar is light this week, with the central bank meeting scheduled for next Wednesday.
• The technical outlook remains bearish and points to eventual bigger drop, fourteen-day momentum is negative.
• Immediate resistance is located at 0.5669(50%fib), any close above will push the pair towards 0.5700(61.8%fib).
• Support is seen at 0.5603(38.2%fib) and break below could take the pair towards 0.5582(Lower BB).
Recommendation: Good to sell around 0.5700 with stop loss of 0.5850 and target price of 0.5620


FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD edges higher but maintains bearish bias
FxWirePro: GBP/AUD falls after BoE rate hold
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD neutral in the near term, scope for further upside
BoE Pause Pulls Back Sterling: GBP/JPY Dips to 207.92 Despite Hawkish Undercurrents
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro- Woodies Pivot (Major)
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90
FxWirePro- Major Pair levels and bias summary
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro: EUR/AUD downside pressure builds, key support level in focus 



