AUD/USD stabilizes while EUR/JPY, USD/JPY slip ahead of US employment data
AUD/USD stabilizes while EUR/JPY, USD/JPY slip ahead of US ADP employment release on Thursday and non-farm payrolls on Friday.
AUD/USD stabilizes
AUD/USD is holding above Wednesday's low at $0.6686. Further potential support can be seen around the 55-day simple moving average (SMA) at $0.6667. Minor resistance remains to be seen around the 27 August low at $0.6762.
EUR/JPY tumbles
EUR/JPY comes further off Monday's ¥162.89 high and probes the 7 February low at ¥158.92. Further down lies the ¥158.08 February low. The ¥160.00 region should now act as minor resistance.
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USD/JPY drops
USD/JPY continues to slide towards the ¥141.70 early August low while no rise above Wednesday's high at ¥145.55 is seen.
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