Opened in Asia at $1.0137 pushing higher on firming equity markets to highs of $1.0176 before easing back later to $1.0139 after the Tokyo fixing. The market showed little reaction to any data releases with liquidity thinning rapidly and many traders making an early exit ahead of the long weekend. AUD/JPY tracked the AUD/USD with a move up to Y79.04 from Y78.69 before easing back to Y78.59. AUD/NZD rallied to NZ$1.3152 from NZ$1.3141 before slipping back to NZ$1.3125. EUR/AUD continues to be under scrutiny with fresh lows of A$1.2733 helping to shore up the AUD/USD into the year-end. The resistance is likely towards the 100 day MA around $1.0197 and support coming into play towards $1.0100
EasyForexNews Research Team