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JAPAN

Holiday Observed

AUSSIE 3-YEAR TECHS

(U1) Holding Onto Gains

AUSSIE 10-YEAR TECHS

(U1) Needle Points North

AUSSIE
AUSSIE: Rate continues to deteriorate, the drop beginning as Europe closed. Rate
briefly printed down at $0.7573 before bouncing modestly. Support in AUD/USD
remains on any fall toward the May11 high/May14 highs at $0.7567/65. Further
pressure would see the rate encounter the 21-dma at $0.7529.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com