(Corrects month in 4th line)

• NZD/USD recovered from Thur's tariff-induced rout, up 1.9% from 0.5682 low

• NZD surged to 0.5852 in Lon, but failed to cleanly break key resistance

• 0.5846 is the 38.2% Fibo retracement of the Sep 30 to Feb 3 sell-off

• RBNZ expected to cut OCR by 25 bps at their Apr 9 meeting

• Soft U.S. yields, broad USD weakness amid U.S. recession fears support NZD

• Fed chair Powell speaking on economic outlook 1525 GMT Fri

• NZD range Asia 0.5788-0.5795, support 0.5680 0.5650, resistance 0.5845-55
NZD Fibo Chart

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