AUD/NZD last NZ$1.0485, dealing 19......>

AUSSIE-KIWI: AUD/NZD last NZ$1.0485, dealing 19 pips higher on the day, aided by

the release of a stronger than exp. Chinese Caixin services PMI, which aided the

Antipodeans, lifting AUD atop the G10 pile. 

- This comes after the pair closed some 30 pips lower Thursday, after recouping

most of the losses registered in early Asia-Pac flash crash, which saw AUD/NZD

register its lowest low in more than 3 years. 

- Initial resistance noted at the 21-DMA at NZ$1.0497, followed by yesterday's

high of NZ$1.0508. On the downside, initial focus falls on the Dec 27 low of

NZ$1.0465 and a break below would open up NZ$1.0441, where the rate bottomed on

Dec 25.