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Extending gains

AUD
  • The Aussie extends small gains, with Risk clearly on today, gaining a few pips against the Yen, now at a new intraday high.
  • The Aussie is up versus most G10s, although CAD and NOK are flat for now.
  • Worst performer is the NZD down 0.44%, and 0.87% from Yesterday's printed low, which was also the lowest level since mid October for AUDNZD.
  • For now, market participants will look at 1.0770, this week's high for initial resistance.
  • Resistance in AUDJPY is seen towards 95.85.

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