• AUD/NZD pierces 21, 200 & 10-DMAs, Trend-line off May's high also cleared
  
  
• Market ups chance (55%) of RBNZ cut,  has NZD broadly offered
  
  
• RSIs are firmly biased up & give bulls solid momentum 
  
  
• Immediate resistance near 1.0800, 1.0850 & May high, big resistance near 1.1315
  
  
• Sell volumes for NZD pick up even at lower levels, a bearish sign
  
  
• RBA meets June 2, is a risk to bull view