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An impressive performance yesterday.....>

AUSSIE-KIWI
AUSSIE-KIWI: An impressive performance yesterday for the Aussie, rising from
N1.0954 to N$1.1225 amid a robust Aussie jobs reports and news that NZ First had
picked the Labour Party as a coalition partner, NZ First have been adamant that
a weaker Kiwi is needed to support the economy. After a move of nearly 2.5%,
traders expect consolidation ahead of announcements on policy details.
Resistance is located at N$1.1272 (Apr29 high 2016), while hourly support is
found around N$1.1150

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