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***Despite opening a little higher from........>

KIWI
KIWI: ***Despite opening a little higher from Friday's close in New York, the
flightless bird has dipped below the figure and posted a low so far of $0.7289.
Political uncertainty is behind the move, last weekend's election failed to
produce a clear winner for either of the major parties, there now follows a
lengthy period of coalition negotiations with NZ First's leader Winston Peters
acting as kingmaker. Support is seen at $0.7283/80 (38.2% fib $0.7132 to $0.7433
rise, Sep22 low), while Asia's $0.7344 high provides resistance. Kiwi was last
at $0.7303

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