The NZD/USD has trade a relatively tight range over thepast 24-hours to sit marginally higher, at 0.8380, this morning. With no scheduled domestic data releases yesterday, thefocus was across the Tasman on the release of AU capexdata. The stronger than expected data took an abrupt tollon the NZD/AUD as the AUD gapped higher. However, thisproved relatively short-lived with the NZD/AUD finding itsfeet in the early evening. Subsequently the cross hasdrifted down to trade at 0.8960 currently. NZD/AUD supportis now seen at 0.8940. Resistance will likely beencountered approaching 0.9040.
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