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Recovery efforts have so far remained..........>

KIWI
KIWI: Recovery efforts have so far remained shallow on extended react to the
news that NZ First Party will back Labour to form a new government. Having taken
out reported bids through NZ$0.7050, kiwi touched pullback lows of NZ$0.7048
before dip buyers cushioned falls. Next support is seen at NZ$0.6993 from a
long-term 76.4% fibo of NZ$0.6818-0.7558. Rate last NZ$0.7063.

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