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AUD/JPY finds resistance at 101.00

FXStreet (Córdoba) - AUD/JPY rose further during the Asian session and reached at 101.04, the highest price in two days but failed to hold above 101.00 and pulled back.

The decline found support at 100.54, where an hourly uptrend line stands. A break lower could weaken the aussie and expose daily lows that lie at 100.30. Currently trades at 100.65, at the same level it closed yesterday.

AUD up after data

The aussie, supported by economic data from Australia (increase in new home sales and private capital expenditure) is among the best performers across the board, despite trimming gains during the last hours.

USD/CAD weaker, around 1.1240

The greenback continues to trade on a softer tone vs. its neighbour on Thursday, now sending USD/CAD to test the lower bound of the range around 1.1240...
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Gold stable in holiday trade – MP

Kenny Fisher, Currency Analyst at Market Pulse, notes that Gold trades steady on Thursday with the spot price standing at $1196 per ounce.
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