[Jason_Lim]

AUDUSD – 200 dma target met. Step back from bullish stance


AUDUSD: Effectively meets the 200 dma target. ST caution required. A close under 0.7269 would make the break to new highs look like a head fake.

AUDJPY – 200 day moving average


AUDJPY: Tests the 200 day moving average and is showing short term signs of weakness. AUDJPY so far has not managed to sustain above the moving average and momentum is very stretched and beginning to cross back down. Short term caution is required.

AUDNZD – stalls at double bottom neckline. A short term rally would be significant



AUDNZD: Stalls at the double bottom neckline at 1.2430 though a rally through there would still not be surprising. A close would be bullish. The double bottom targets 1.2830.

NZDJPY – 76.4% Fibonacci against the highs


NZDJPY: Stalled at the 76.4% Fibonacci retracement against the highs at 59.46. A move back down to 56.66 is expected. A breach of that suggests further losses still (perhaps quickly)