• NZD/USD bounce off 2015 low persists & 23.6 Fib of 0.7744-0.7025 pierced
  
  
• Bears on edge into RBNZ, chance of cut 46%, was higher last week
  
  
• Recent bounce likely extends if no cut & no dovish rhetoric from c.bank
  
  
• 0.7300/20, 0.7385/00 & 0.7565/80 might then be targeted
  
  
• Day RSI biased up & monthly diverged on new low, shorts covering