• NZD/USD +1.1% wtd as post-U.S.-Iran ceasefire rally continues to form

• Break above 0.5891 will encourage bulls, next target 0.5964

• Trump says that talks could resume in Pakistan over next 2-days

• Energy supply anxiety abates short term delivering investor optimism

• USD index -0.3% Tue, rout extends to seven consecutive trading days

• NZ Mar electronic card retail sales due Fri, prior +1.4% m/m, +1.5% y/y

• Range NZ 0.5900-05, support 0.5680 0.5580, resistance 0.5964 0.6012
NZD Daily 200-DMA


DXY Daily 55-DMA

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