Improved risk appetite underpinned the........>

FOREX: Improved risk appetite underpinned the antipodeans with solid gains seen

across the board. 

- NZDUSD comfortably held Friday's gains to close above the 200-dma ($0.6733).

Rate extended through Asia to $0.6783 with resistance expected on approach to

the $0.6800 level, which has registered a series of previous highs. Above here

opens the 100-dma at $0.6808, ahead of the Apr 1 high at $0.6837.

- NZDJPY extended to Y75.95, but failed to take out resistance from the Apr 1

high. The 61.8% retracement of Y76.78-74.74 comes in behind at Y76.00, ahead of

the Mar 21 ytd high at Y76.78.

- AUD printed Asia highs of $0.7186 with topside focus on a close above the

200-dma at 0.7193 for the first time since Mar 2018.

- AUDJPY remains at elevated levels to rest on the 200-dma at Y80.21. Friday's

ytd high at Y80.48 provides the next hurdle, ahead of the 76.4% fibo of the Dec

- Jan fall at Y80.86.