AUD/NZD last seen at NZ$1.0521, 15......>

AUSSIE-KIWI: AUD/NZD last seen at NZ$1.0521, 15 pips lower on the day. 

- Highlights today are Aussie wage price index & Westpac cons. conf. survey, as

well as Chinese monthly economic activity data.

- This comes after the rate added 62 pips yesterday, as AUD was the main

beneficiary of U.S. decision to delay tariffs on some consumer goods from China.

- The rate has already breached its 100-DMA at NZ$1.0527 today and is now

heading towards the 200-DMA at NZ$1.0516. A break under the latter level would

expose the YtD mid-point at NZ$1.0498. Conversely, bulls look to recover

yesterday's high of NZ$1.0545, which also capped gains on Jul 5, Jun 13 & Jun 7.

A rally through the level would shift topside focus to the 61.8% fibo

retracement of the YtD range, which intersects at NZ$1.0554.