EUR/JPY: minor recovery within bearish channel

EUR/JPY has been rejected at the 200 SMA at 132.39 currently and the MA continues to cap recoveries from early December highs that were made from the 129.86 lows. The price action in the cross is consolidative in quiet markets as we close down for the year this week in holiday season.
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AUD/NZD about to test December lows

AUD/NZD moved with a bearish bias since the beginning of the week and is about to post the lowest daily close since early November, below 1.0600. The pair currently trades at 1.0594 and eyes 1.0580/85, where December lows lie.
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