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###POV. The flightless bird opened in Asia.....>

KIWI
KIWI: ###POV. The flightless bird opened in Asia at $0.7153 toward the middle of
the $0.7119 to $0.7178 range, where political uncertainty continues to weigh on
the antipodean. New Zealand First leader Winston Peters is expected to announce
today which of the two major parties they will support to form the new NZ
government. Locals are in sell-the-rally mode believing that any concessions the
Nationals or Labour party would have given to Peters will overall be a negative
to the kiwi. Support is located at $0.7109 (61.8% fib $0.7051-$0.7217), while
hourly resistance is found at $0.7178.

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