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***The release disappointing ANZ Business......>

KIWI
KIWI: ***The release disappointing ANZ Business confidence data has seen
flightless bird plunge from near $0.6880 to a low so far of $0.6847. ANZ's
Business confidence for November dropped to -39.3 from -10.1 in October, the
lowest read since early 2009. The uncertainty about the changing governments,
and softening housing market were cited. Initial support is now seen at $0.6844
(61.8% fib $0.6781-$0.6945 rise), a break to expose $0.6820 (76.4% on the same
move & Nov22 low), while upticks toward the pre-data release of $0.6875-80
should provide resistance. Kiwi was last at $0.6848

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