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KIWI: NZD/USD traded softer on Thursday, registering a low of $0.6789, before
the rate reclaimed $0.6800, last $0.6806, little changed early Friday.
- Bears eye a break of Wednesday's low at $0.6782 before targeting the Nov 14
low at $0.6756. Conversely bulls look to Tuesday's high of $0.6870, followed by
the 200-DMA at $0.6881.
- AUD/NZD flow & the broader risk appetite are likely to remain key for the
remainder of the week. Looking to next week's NZ docket, Q3 retail sales data,
trade data & business confidence all provide notable points of interest, in
addition to the release of the RBNZ's FSR.