FxWirePro: NZD/USD consolidating around 05800; bias is bullish

• NZD/USD firmed on Tuesday as risk sentiment improved as market jitters from U.S. military action in Venezuela eased and dovish comments from Fed officials spurred risk-taking..

•   Fears of a broader geopolitical escalation eased after the U.S. strike on Venezuela, lending support to risk-sensitive currencies.

• Further support emerged as the U.S. dollar retreated following a weaker-than-expected manufacturing survey.

•The US ISM said its manufacturing PMI dropped to 47.9 in the final month of 2025, the lowest level since October 2024, from 48.2 in November. 

•Meanwhile, investors continued to assess the potential timing of interest rate hikes by the Reserve Bank of New Zealand.

•  Immediate resistance is located at 0.5811(50%fib), any close above will push the pair towards 0.5843(Higher BB).

•Support is seen at 0.5750 (Lower BB) and break below could take the pair towards 0.5727(61.8%fib).

 Recommendation: Good to buy around 0.5780 with stop loss of 0.5730 and target price of 0.5850