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AUDNZD rallied to NZ$1.0452 overnight...>

AUSSIE-KIWI
AUSSIE-KIWI: AUDNZD rallied to NZ$1.0452 overnight and continues to form a
falling wedge, which is a bullish reversal pattern. (See MNI Analysis email -
AUDNZD Falling Wedge - Mar 28 1254GMT).
- A break of NZ$1.0454 is required for confirmation, opening a move toward the
100-dma & 38.2% retracement of the Aug-Jan fall at NZ$1.0499/1.0515.
- Momentum indicators are generating positive signals, AUDNZD will also post a
bullish weekly reversal above NZ$1.0375 today.  

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