AUD/NZD has added a handful of pips.....>

AUSSIE-KIWI: AUD/NZD has added a handful of pips and last deals at NZ$1.0452 in

early Asia-Pac trade.

- The pair added almost 40 pips Wednesday, while kiwi finished at the bottom of

the G10 pile, as AUD managed to draw some support from yuan strength, triggered

by BBG reports stating that the U.S. demands "yuan stability" as part of any

Sino-U.S. trade deal, while NZD failed to benefit from the story.

- The initial bullish focus falls on the NZ$1.0473-NZ$1.0511 area, which hosts

three key DMAs. A move through the 21-DMA, 55-DMA and 50-DMA at NZ$1.0473,

NZ$1.0510 and NZ$1.0511 respectively would allow NZD bulls to garner some upside

impetus. Conversely, bears need a fall below NZ$1.0402, where the pair bottomed

Wednesday, ahead of the Tuesday's low at NZ$1.0390.