• NZD/USD +0.6% wtd as building inflation anxiety puts rate hike on the menu

• Futures market pricing implies 59% chance of May OCR hike

• NZD 0.5930 resistance short term key, break above will stimulate bulls

• U.S. considers Iran proposal that puts nuclear issue aside for now

• FOMC meeting outcome Wed with no change expected, Powell's last as Fed Chair

• Range NZ 0.5905-17, support 0.5680 0.5580, resistance 0.5930 0.6090-95
NZD Daily 55-DMA

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