AUD/NZD hovers around unchanged.........>

AUSSIE-KIWI: AUD/NZD hovers around unchanged levels, sticking to a tight range

outside of the extremely thin early indicative hours, last NZ$1.0660.

- Bulls have failed to consolidate back above NZ$1.0700 in recent sessions, and

need to reclaim the figure to open up a series of recent intraday highs between

NZ$1.0747 and NZ$1.7667, with the 21-DMA at NZ$1.0764 layered in-between. To the

downside, bears look to the Nov 14 low at NZ$1.0613, ahead of the Apr 18 low at

NZ$1.0576.

- With a lack of tier 1 NZ data due this week, focus will fall on the AU docket,

headlined by the RBA Nov meeting minutes & a speech from RBA Gov. Lowe, both due

tomorrow.