AUD,NZD/JPY crosses

AUD/USD: Mildly bearish sentiment in early trade

Local interbank dealers are mildly bearish this morning although no-one is expecting any big moves before the jobs data is released in about 3 hours time. Bids are noted near 1.0180 and sell orders are solid above 1.0280, but it’s unlikely that either end is threatened before the number. AUD/JPY is also generating a lot of interest with the market glued to support lines above 79.30, which if broken are expected to trigger heavy selling.

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