• NZD/USD -1.1% from Wed 0.58896 high as oil surges on renewed Iran war fears

• WTI above $108 a barrel as Trump talks about 'months-long' Iran blockade

• FOMC retains easing bias (but with increased dissent), leaves FFR unchanged

• NZD backs away from 0.5930 inflection point, more softness likely short term

• Futures pricing implies May rate hike probability eases to 50% chance

• Range NZ 0.5816-385, 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.)