• NZD/USD -1.2% Wed after RBNZ unexpectedly leaves OCR on hold at 2.75%

• With a rate hike widely anticipated NZD under immediate selling pressure

• Break below 0.5636 21-DMA a very bearish signal, 0.5566 the next target

• RBNZ vote split 4-3 (hold versus hike), says further OCR increases likely

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

• Brent crude +0.5% in Asia to $114.40 a barrel as Middle East talks continue

• Overnight USD index gains & firmer UST yields weighed on NZD pre-RBNZ

• Range NZ 0.55831-0.5687, 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.)