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

AUSSIE-KIWI
AUSSIE-KIWI: AUD/NZD has dropped a handful of pips and last sits at N$1.0384
after closing 40 pips lower Wednesday, as AUD came under pressure from a weak
domestic Q4 GDP release & J.P. Morgan's decision to alter its RBA rate call.
- Initial support noted at NZ$1.0359, where the rate bottomed on Wednesday,
followed by the lower 1.0% 10-DMA envelope at NZ$1.0307. Meanwhile, bulls look
to the 21-DMA at NZ$1.0433, which capped Wednesday's gains.

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