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KIWI: Holding below daily ichimoku cloud, for now.
It has been a low key affair for the flightless bird, the pair holding a narrow
$0.6932 to $0.6952 range. REINZ House Sales and Food Price data released earlier
made no discernible impact, despite both sets of data showing an improvement
from the previous month. Interestingly, the rally has stalled near to the daily
cloud base at $0.6954. Should we push into the cloud, it may well prompt
covering from stale shorts. Kiwi was last at $0.6944.