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AUD/NZD last deals at NZ$1.0481, 12.....>

AUSSIE-KIWI
AUSSIE-KIWI: AUD/NZD last deals at NZ$1.0481, 12 pips worse off, after adding 28
pips yesterday, mostly on the back of strong Australian trade balance and retail
sales prints, with Aussie trade surplus reaching the best level on record.
- A fall through the NZ$1.0450 mark, where the rate bottomed yesterday, would
open up the 50-DMA at NZ$1.0422. Conversely, bulls need to clear the nearby
100-DMA at NZ$1.0491 before attempting a move at the psychological NZ$1.0500
figure, after stopping just a pip short of the level earlier today.

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