The cross opened in Asia at N$1.0925....>

AUSSIE-KIWI: The cross opened in Asia at N$1.0925 toward the upper side of

yesterday's N$1.0833 to N$1.0972 range, where lack of clarity following the NZ

elections placed the kiwi on the defensive. On the technicals, MNI's Kyle

Shortland notes; Bears have failed to manage the close below N$1.0798 needed to

confirm a break of the 55-DMA with the bounce Monday easing immediate bearish

pressure. Bulls now look for a close above N$1.1025 to confirm a break of the

21-DMA and to shift focus back to 2017 highs. Daily studies correcting from O/S

support a correction higher. Bears now need a close back below N$1.0896 to ease

pressure on the 21-DMA.