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• NZD/USD +1.4% from Mon 0.5790 low as risk sentiment comes back to life
• Trump says Iran still wants to make a deal, eases Iran re-escalation fear
• Oil prices moderate (WTI futures -2.6% Tue), USD Index down 0.3% wtd
• Iran threatens retaliation post-implentation of U.S. maritime blockade
• NZD breaks clear of 0.5847 200-DMA, 0.5891 looms as significant test
• NZ Mar electronic card retail sales due Fri, prior +1.4% m/m, +1.5% y/y
• NZ temporary visitors surge, +15.2% for month of Feb versus 1-year ago
• Range NZ 0.5866-73, support 0.5680 0.5580, resistance 0.5891 0.5964
0.6012
NZD daily 200-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)