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AUD/NZD has shed 14 pips so far and.....>

AUSSIE-KIWI
AUSSIE-KIWI: AUD/NZD has shed 14 pips so far and last sits at NZ$1.0727. The
NZ$1.0671-68 support zone, formed by the lows of May 22, 27, 28 & 29, remains
the initial bearish target and a fall below there would expose NZ$1.0608, where
the rate bottomed out on May 11. Bulls need to reclaim Jun 2 high of NZ$1.0881
before targeting channel top intersecting at NZ$1.0938 today.
- Australia's AiG Services PMI improved to 31.6 from 27.1 in May. Elsewhere,
regional economic calendar is very light today.

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