📉Kiwi Fails to Hold Fib Retracement Level, Falls to YTD Lows: Cable FX Macro

• The NZD/USD declined by 0.94% on Tuesday session to 0.5883 as the dollar posted broad gains vs majors

• Kiwi was offered following a decline in the ANZ commodity prices index and soft PMI data from China, the AUD bottomed the group on the session

• Losses took the spot rate to test and fail the 61.8% retracement level from the October to early February rally at 0.5904, it has marked a fresh YTD low of 0.5859