• NZD lifts despite weak milk auction, Fonterra GDT PI -1.3% to $2,409
  
  
• WMP falls only 0.1% to $2,327 and the market is short NZD
  
  
• 0.7000 tested but holds for now, pair still consolidating recent losses
  
  
• Suggests long-term bear trend should resume soon, Fed now the focus