Trial now
USDCAD TECHS

Pullback Considered Corrective

AUDUSD TECHS

Holding Above Recent Lows

US EURODLR OPTIONS

BLOCK, Large 3Y Midcurve Put Condor

KIWI
KIWI: NZD/USD has printed marginal gains at the start of the week adding 10 or
so pips to last deal at $0.6835.
- Bulls would have taken take comfort in support emerging ahead of the $0.6674
(May 2016 low), along with correcting oversold studies provided the impetus for
a bounce last week. This week bulls look for a close above the $0.6937 (55-DMA)
to hint at a move back to $0.7059-0.7157. Bears now need a close below $0.6797
(high July 05 now support) to ease pressure on the 0.6867 (21-DMA).
- The REINZ house price data will provide the highlight in a domestic data-light
week, with eyes on next Tuesday's Q2 CPI release.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com