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      AUD/USD clears overhead resistance

      The AUD/USD 200-SMA, immediate resistance on 4-hour chart, was cleared in recent trading.

      Quoting below this dynamic hurdle for multilple sessions, AUD/USD is now targeting the 800-SMA on the upside.

      GBP/USD moderately weak in Asia

      The GBP/USD pair suffered moderate weakness in Asia, although the bid tone around GBP appears to be gathering pace ahead of the European session.
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      USD/JPY drops to lows near 119.60

      The greenback continues to depreciate vs. its main rivals on Friday, now dragging USD/JPY to test fresh daily lows in the 119.60 area...
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