• NZD led 30 pt rebound in Asia - move expected to be algo driven, but was sustained
  
  
• NZD selling coincided with vague inflation data
  
  
• Momentum studies & 5dma base - 10 & 20 dma's still head south
  
  
• Implies consolidation - last Thursday's hammer stays as a positive signal
  
  
• Earlier 1.0353 low & yesterday's 1.0430 high initial support/resistance