AUD,NZD/FXWW News

Hard to gain insight from quiet Asian markets

  • EUR/AUD short term support held firm at 1.4130 and we saw a brief blip before prices settled again;
  • AUD/JPY is testing the 200-DMA at 94.70 and there are large-ish stops reported above 95.00;

Otherwise its been pretty hard to pick any trend or signals from this market. Asia still seems like it wants to buy USD/JPY but momentum is simply lacking in both directions.

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