NZD/USD gains 0.22% against the Greenback
The Kiwi Dollar has cleared the 0.5700 figure, clinging to gains of over 0.22% against the USD.
The NZD/USD remains technically bearish, despite interest rate probabilities suggesting the Reserve Bank of New Zealand could raise rates at least twice.
The Relative Strength Index is rising, suggesting buyers are gaining traction, but it remains below the 50-neutral level.
For a bullish reversal, the NZD/USD must clear 0.5750, followed by the 0.5800 mark.