Australian and New Zealand dollars steady

The Australian and New Zealand dollars found a tentative footing on Friday but still nursed losses against their US counterpart on the week as wary investors kept an eye on the looming US "fiscal cliff". The Australian dollar crawled off three-week lows to last fetch $1.0332, helped by bargain hunters who stepped in when the currency skidded as low as $1.0307 overnight.
Resistance was found around $1.0365, the 20- and 100-day moving averages, while support was seen at $1.0275, a level representing the 61.8 percent retracement of its October 8-November 7 rally. Likewise, the New Zealand dollar edged back to $0.8105 in late local trade, having slid to a two-month low of $0.8079 overnight. Both Antipodean currencies were on track to post a loss of around 0.5 percent for the week.