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• NZD/USD +0.7% wtd as upswing extends into third-consecutive day
• RBNZ Jul 8 monetary policy meeting outcome the dominant factor short term
• Futures pricing implies 74.2% probability of 25 bps hike, dialogue critical
• NZD likely to firm further, break below 0.5627 would reset narrative
• Uncertainty lingers as Iran reiterates will not meet U.S. officials in Qatar
• U.S. Jun non-farm payrolls due Thur, Reuters poll consensus +110k
• Range NZ 0.5674-805, support 0.5627 5580, resistance 0.5991 0.6012 0.6093
NZD Daily 55-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)