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NZD/USD last trades at $0.6753, a couple of....>

KIWI
KIWI: NZD/USD last trades at $0.6753, a couple of pips softer on the day, after
the cross added 20 or so pips Monday, edging further away from the flash crash
low in the process, as the USD struggled against all of its G-10 counterparts
except the JPY in the first trading session of the week.
- Bulls continue to look for a clean break above the 55-DMA/21-DMA at
$0.6758/59, followed by the 50-DMA at $0.6780. Conversely, bears look to breach
$0.6700 to open up a move to the 100-DMA at $0.6680 and a move through that
level would shift their attention to Friday's intraday low of $0.6672.
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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