The Antipodeans underperformed overnight......>

FOREX: The Antipodeans underperformed overnight with the heavy tone spilling

over into Europe.

- AUDUSD topped out at $0.7092 yesterday, before soft Westpac Consumer

Confidence data overnight (m/m reading weakest since Sep 2015) pressured through

$0.7050. Near-term support is seen at $0.7018 from the 50% retracement of

$0.6741-0.7295, a break opens the key $0.7000 psychological level.

- EURAUD squeezed back above A$1.60, before stalling around resistance from the

50% fibo of A$1.6122-1.5895. A break here opens A$1.6065/70 which has registered

a series of previous highs, ahead of the Mar 6 high at A$1.6122.

- NZDUSD weighed by the broader risk-off theme, dipped back under $0.6850.

Expect support at $0.6809 from the 50% retracement of $0.6745-0.6873 & 50-dma.

- EURNZD cleared the NZ$1.65 level with topside focus on a close above the

21-dma at NZ$1.6564. Down trendline resistance off the Jan 10 high comes in at

NZ$1.6676 today.