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The flightless bird opened in Asia at..........>

KIWI
KIWI: The flightless bird opened in Asia at $0.7429 toward the lower side of
yesterday's $0.7411 to $0.7475 range, where a weaker NZ Q2 labour report kept
the kiwi on the defensive. ANZ job ads (2200GMT) and ANZ Commodity Price Index
(0100GMT) provide the modest event risk for the Asia session. Support is located
at $0.7410/11 (Jul27/Aug2 lows), with key-support then seen at $0.7380 (50% fib
$0.7202-$0.7558). Topside, hourly resistance is located just ahead of $0.7460.
Kiwi is currently changing hands at $0.7430.

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