+0.1% ahead of RBNZ and trades +0.2% as NZD +0.6% on 50pt hike to 1.5%

RBNZ surprised but no shock to markets - maintained February outlook

Charts; momentum studies conflict 21 day Bollinger bands contract

5, 10 & 21 day moving averages coil - signals suggest consolidation

0.7346 and 0.7593 21 day Bollinger bands likely define the broad range

Earlier 0.7443 low and 0,7481 NY high initial support and resistance

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