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NZD/USD has a brief look above $0.6300 on......>

KIWI
KIWI: NZD/USD has a brief look above $0.6300 on the back of Orr's comments which
are a little upbeat i.e. "well-positioned to address challenges" & played down
the need for imminent use of unconventional MonPol tools.
- NZD/USD last $0.6294, 22 ticks higher on the day. A clean break above the
$0.6300/01, the psychological barrier/23.6% retracement of the Sep 12-20 slide &
intraday day high would have bulls looking to the 21-DMA at $0.6345.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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