NZD/USD, AUD/USD are higher going into the Asian session but may correct lower during the session, says Westpac in a currency note. It adds that only the Australian trade balance is worth watching with the "the main global event... the monthly U.S. labor market report." NZD/USD is at 0.8315 vs 0.8290 late Thursday in NZ. Westpac says the pair's rally since Nov. 16 now looks complete and a correction towards 0.8270 is possible. The AUD/USD is at 1.0479 vs 1.0463 late Thursday in Sydney. Westpac says the pairs has also rallied higher since Nov. 16 and a correction toward 1.0430 is possible.
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