• NZD/USD -0.35% from Mon 0.5982 as USD index recovers 0.2% Mon

• Expanding Iran sanctions and U.S.-CA trade tensions provide USD uplift

• NZD targeting break above 0.5990-95, expect stop-loss scramble above

• U.S. Jul PCE price index Wed, Reuters poll consensus +0.1% m/m, +3.6% y/y

• Fed Chair Warsh speech at Jackson Hole Fri will be closely scrutinized

• Range NZ 0.5955-61, support 0.5831 0.5762, resistance 0.5995 0.6090-95
NZD Daily 21/100/200-DMA


DXY Daily 55-DMA

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