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AUD/NZD had a brief look above..........>

AUSSIE-KIWI
AUSSIE-KIWI: AUD/NZD had a brief look above NZ$1.0943 (descending channel
resistance off the Nov 17 high) in NY & Asia-Pacific hours, last ~NZ$1.0935. A
hold and close above the aforementioned level is needed for the next leg higher,
opening a move toward NZ$1.0984 which represents the 61.8% long term retracement
of the move from NZ$1.1291 to NZ$1.0488.
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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