Australian Dollar (AUD) the AUD/USD consolidated the rally on Friday but did test the 1.0680 support level after the December Retail sales fell -0.1% vs. 0.2% forecast. The AUD/JPY was also supported below Y82 with traders looking to the firm resistance at Y85 in coming weeks which will correspond to the 1.1000 all-time high on AUD/USD. Looking ahead, RBA Rate announcement forecast to cut to 4.0% vs. 4.25% previously.
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