• NZD/USD -0.5% from Tue 0.5707 high as USD index gains 0.4% & UST yields firm

• RBNZ monetary policy meeting outcome due Wed, 25 bps hike widely anticipated

• NZD near lower hourly Bollinger band, downside extension unlikely pre-RBNZ

• FOMC outcome and associated dialogue due later Wed, will be closely watched

• Brent crude -1.4% as Middle East talks temper supply fears for time being

• Range NZ 0.5681-87, support 0.5566 0.5485, resistance 0.5995 0.6012
NZD Hourly Bollinger Study & DXY Daily 55/100/200-DMA

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