The Antipodeans remain bottom of G10 in.......>

FOREX: The Antipodeans remain bottom of G10 in early Europe on extended react to

the Chinese Politburo meeting last Friday which sent strong signals for further

reform measures to be rolled out over the medium/long term. CNY & Chinese

equities also struggled on the back of this story overnight.

- AUDUSD holds toward the base of its $0.7135-60 range, resting on support from

the 100-dma ($0.7132). A downside breaks opens the 50% retracement level of

$0.7003-0.7206 at $0.7105, ahead of the $0.71 area.

- AUDJPY failed to consolidate above the 200-dma with the cross dipping back

under the Y80 level to Y79.84. While AUDNZD also failed to hold the NZ1.07

handle, touching pullback lows of NZ$1.0686.

- NZDUSD failed to recover the $0.67 level with the subsequent retracement

extending to $0.6673 and sits just 5 pips shy of the Apr 17 low. Below here

opens the 61.8% retracement of the Oct - Dec 2018 rise at $0.6633,