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NZD/USD last $0.6776, a touch higher on the....>

KIWI
KIWI: NZD/USD last $0.6776, a touch higher on the day. The rate dropped 79 pips
yesterday, despite trading flat for most of the day. It first nosedived when the
Fed announced a rate hike, which lent support to the greenback. This was
followed by another spike lower, as kiwi took a blow from softer than exp. GDP
figures. 
- Bears keep an eye on $0.6756/54, which represents the Nov 26/27 lows. A break
below would allow them to target the 50-DMA at $0.6735. Conversely, bulls look
to the 200-DMA at $0.6836 before attempting a move towards yesterday's peak at
$0.6870. 
- NZ calendar towards the end of the week is rather light.

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