AUDNZD has rallied today,.........>

AUSSIE-KIWI TECHS: AUDNZD has rallied today, something we have not seen in a

while. Of interest is the fact the cross is recovering off the 76.4% retracement

of the climb between Aug and Nov at 1.0407. This marks a critical area of

support, as a clear break would expose the Aug low at 1.0265. On the dollar

pairs, AUDUSD is seen maintaining a bullish tone following the rally on Dec 2

and 3. The recent pullback is being viewed as a correction. NZDUSD has stalled

so far at its 61.8% retracement of the Jul to Oct decline at 0.6567. So perhaps

we'll continue to see some Aussie outperformance over the Kiwi near-term. So far

this is being reflected in the cross. The next resistance is 1.0450, a break

would open 1.0473 and the 1.0500 handle. Key support is today's low of 1.0389.