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• NZD/USD +0.4% Tue as inflation remains above RBNZ's 1-3% target band
• NZ Q1 CPI +0.8% q/q, +3.1% y/y (Reuters poll +0.8%, +2.9% respectively)
• NZD resistance zone near 0.5965 likely to hold, news flow remains critical
• Trump maintains positive tone as U.S.-Iran ceasefire deadline approaches
• Pakistan confident Iran will attend peace talks despite earlier rejection
• U.S. Mar retail sales due Tue; Apr S&P flash PMIs due Thu
• Range NZ 0.5887-0.5911, support 0.5680 0.5580, resistance 0.5964 0.6012
NZD Hourly Bollinger Study
(James Connell is a Reuters market analyst. The views expressed are his own.)