CROSSES: AUD/JPY was the big mover yesterday (see chart) and support lines near 89.50 have again proven to be very solid indeed. EUR/AUD has closed back below the former resistance levels at 1.4375/1.4400 and while it still looks bullish, we could easily get another pull-back towards 1.3900 without endangering the up-trend. AUD/NZD should continue to consolidate in a tightish range around 1.1650.
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