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Low volumes due to the ANZAC day holiday.....>

AUSSIE
AUSSIE: Low volumes due to the ANZAC day holiday saw AUDUSD touch $0.7004, its
lowest levels since early March. The rate later recovered to $0.7023, before
fading. The $0.7000/05 area is now starting to grow in importance having
registered a series of previous lows. A downside break is likely to accelerate
the move toward the Jan 4 low at $0.6994, ahead of the 61.8% fibo of
$0.6741-0.7295 at $0.6953.
- AUDNZD closed below its 200-dma on Tuesday with the downtrend extending to
NZ$1.0619. Recovery efforts remained shallow through Asia held to a narrow
NZ$1.0625-43 range. Short-term support remains at NZ$1.0624, which represents
the 23.6% retracement of the Mar - Apr rise, a break opens a run at the NZ$1.06
level.
- AUDJPY closed back under its 100-dma (Y78.90), touching pullback lows of
Y78.39. Support remains at Y78.29 from the 76.4% fibo of Y77.54-80.72.  

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