In the last hour, EUR/AUD has tested overnight resistance and has climbed to a fresh 2-week high of 1.2722, now up 0.3% so far on the day at 1.2715 from 1.2675 late Thursday. Immediate resistance is noted at 1.2730 (Oct 17 high); a break above there would open scope for a retest of offers at the 1.2800 figure. Above there, the 100-week EMA offers resistance at 1.2980. Support levels may be found at 1.2670 (Oct 23 high) and 1.2615 (Feb 27 high).
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