NZD remains top of G10 underpinned by recent...>

KIWI: NZD remains top of G10 underpinned by recent remarks published o/n from

the RBNZ Asst Governor Hawkesby that said "our central view is that NZ interest

rates will remain broadly around current levels for the foreseeable future".

- NZDUSD extends the uptrend through the 50-dma (not closed above since Mar 26)

to $0.6650. This brings the 38.2% fibo of the Mar-May fall into view at $0.6657,

further resistance is located at %0.6680/00 from a series of previous highs,

ahead of the 200-dma at $0.6710.

- NZDJPY squeezed to Y71.82 and is expected to meet resistance at Y71.80/00 from

a series of previous highs. It's also worth noting of the recent bullish Harami

candle charted.

- AUDNZD closed below channel base support yesterday with the downtrend

extending to NZ$1.0533. Double-bottom support is placed at NZ$1.0520/25, ahead

of the 100-dma at NZ$1.0508.

- EURNZD eased to NZ$1.6950 and rests on support from the 200-dma.

- NZDCAD improved to C$0.8895 with topside resistance at C$0.8905 from the

200-dma. Traders also remain cautious from the impending death cross formation.