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AUD/NZD last seen at NZ$1.0552, 3.......>

AUSSIE-KIWI
AUSSIE-KIWI: AUD/NZD last seen at NZ$1.0552, 3 pips lower on the day.
- Bears need a fall through the May 6 monthly low of NZ$1.0518 before taking aim
at the lower 1.0% 10-DMA envelope at NZ$1.0478. Meanwhile, initial resistance is
provided by the psychological NZ$1.0600 level & the 21-DMA at NZ$1.0605. Above
here would open up NZ$1.0624, where the rate peaked on Monday, touching its best
levels this week.
- The initial focus remains on Australian labour report, due in 40 minutes'
time. For our MNI DATA PREVIEW piece see MNI Main Wire at 07:46 BST 05/15.

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