FxWirePro: NZD/USD firms, setting up for next leg higher

• NZD/USD edged higher on Monday  as weaker   U.S. dollar and higher metal prices supported kiwi dollar .

•Spot gold   rose 1.1% to $5,012.76 per ounce by 0502 GMT after a 4% climb on Friday. Spot silver X  climbed 4.6% to $81.54 per ounce  .

•Spot platinum   edged 0.3% lower to $2,090.13 per ounce, while palladium XPD= gained 1% to $1,723.41.

• Dollar weakened ahead of key jobs and inflation data due later in the week to gauge U.S. interest rate trajectory.

• Meanwhile, the Reserve Bank of New Zealand is scheduled to meet later this month for its first policy decision under Governor Anna Breman, with markets widely expecting interest rates to remain unchanged.

•  Immediate resistance is located at 0.6034(Daily high), any close above will push the pair towards 0.6080(23.6%fib).

•Support is seen at 0.5961 (38.2%fib) and break below could take the pair towards 0.5921(SMA 20).

 Recommendation: Good to sell around 0.6000 with stop loss of 0.5930 and target price of 0.5680