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AUD/NZD continues to oscillate around...>

AUSSIE-KIWI
AUSSIE-KIWI: AUD/NZD continues to oscillate around its 200-DMA at NZ$1.0823,
last dealing at NZ$1.0828.
- A concerted break lower, through NZ$1.0800 would open up the October 23 low of
NZ$1.0777. Conversely, bulls look for a leg through the November 01 high at
NZ$1.0878 to open up the 50-DMA at NZ$1.0892, followed by the 100-DMA at
NZ$1.0909.
- Participants will focus on the regional central banks this week, with the RBA
& RBNZ MonPol decisions due within the next 48 hours, while NZ labour market
data & inflation expectations add to the regional event risk over this horizon.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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