CROSSES: AUD/JPY is testing important short-term resistance levels near 93.00 (see chart) and a break above there should see recent highs re-tested. The AUD has regained a bit of ground against both the GBP and the EUR but both pairs remain in short-term consolidation patterns. The AUD lost a bit of ground against the NZD over the last 24 hours and although momentum is lacking, the trend remains bearish.
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