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

KIWI
KIWI: The flightless bird opened in Asia at $0.6876 toward the upper side of the
$0.6833 to $0.6888 range witnessed yesterday, where concerns over Trump's tax
plan, with cuts may be phased in over 5 years and FBI charges against former
campaign staff, placed the greenback on the defensive. Domestically, Building
Permits (2145GMT) and ANZ Business Confidence provide the event risks for the
Asia session, Westpac are looking for a decline in building permits after a
sharp rise in apartment consents in Aug, and say, business confidence is likely
to reflect uncertainty during the post-election period. Yesterday's top of
$0.6888 provides initial resistance, a break to expose $0.6904 (Oct26 high),
while hourly support is located at $0.6845.

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