• NZD/USD +0.5% from Thur 0.56071 low, as impact from RBNZ hold dissipates

• Traders now contemplating magnitude and timing of subsequent OCR hikes

• Futures pricing currently implies 77.3% probability of Dec 9 RBNZ hike

• Alphabet revenue miss, Amazon sales downgrade add to U.S. equity anxiety

• U.S. Sep core PCE +0.3% m/m (inline), Q3 GDP advance +3.4% y/y (poll 3.2%)

• NZ Q3 jobs data due Wed (prior 5.6% unemployment, +0.5% job growth q/q)

• NZD sellers ahead of 0.5639 21-DMA, break above likely to flip narrative

• Range NZ 0.5626-35, support 0.5566 0.5485, resistance 0.5995 0.6012
NZD Daily 21/55/100-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)