• NZD/USD +1.4% Wed as RBNZ leaves OCR unchanged at 2.25% as expected

• RBNZ expects higher inflation & economic recovery to weaken

• NZD surged earlier in wake of U.S.-Iran two-week ceasefire announcement

• NZD downtrend intact, but RBNZ warnings of higher rates may challenge

• Pakistan brokering Islamabad talks Fri, sides far apart on stated positions

• U.S. Feb durable goods -1.4% m/m (poll -1.0%), Feb PCE & Q4 GDP due Thur

• Range NZ 0.57059-0.5818, support 0.5680 0.5580, resistance 0.5918 0.6092
NZD Daily 55-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)