There has been steady session across G-10 FX on Friday in Asia, ranges are narrow and moves have had little follow through. The docket is light in Asia and little meaningful macros newsflow has crossed.

• Yen is flat, unchanged from opening levels. USD/JPY traded lower Thursday and the pair remains below ¥144.96, the Dec 9 high. The recent recovery from ¥140.97, the Dec 14 low, has been a correction and the trend condition remains bearish. Support at ¥140.97, the Dec 14 low, has been cleared, confirming a resumption of the downtrend that started Nov 13. This opens ¥140.23, a Fibonacci projection point.
• AUD/USD is a touch firmer however narrow ranges are persisting thus far. Bullish trend conditions in AUDUSD remain intact and this week's continuation higher reinforces current conditions. The climb maintains the bullish price sequence of higher highs and higher lows. Sights are on $0.6900, the Jun 16 high and the next key key resistance. On the downside, key short-term support is unchanged at $0.6526, the Dec 7 low. Initial firm support is at $0.6702, the 20-day EMA. Short-term weakness is considered corrective.
• Kiwi is up ~ 0.2% however NZD/USD remains well within recent ranges. Technically the uptrend remains intact; bulls target $0.6412, the high from 14 Jul. A break through here opens $0.6563, a Fibonacci projection. Bears focus on the 20-Day EMA ($0.6227).
• CHF is ~0.2% firmer however liquidity is generally poor in Asia.