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The AUD is outperforming against the kiwi....>

AUSSIE: The AUD is outperforming against the kiwi after the AUDNZD moved above
1.07 in early Asian dealing, although the AUD is 10-15 pips lower at .07833, as
the USD has edged ever so slightly higher.
- Technicals suggest that the break of the $0.7867 support sees initial focus
back on $0.7729-0.7774 where 100 & 200-DMAs are noted following the break of the
bull channel base ($0.7812). Bulls continue to look for a close above $0.7879 to
ease bearish pressure and above $0.7989 to return focus to $0.8118-62 where 2018
highs are located.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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