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AUSSIE-YEN: AUD/JPY gyrated with the broader risk....>

ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: AUD/JPY gyrated with the broader risk sentiment during NY trade on
Wednesday, centring on auto tariffs & the U.S.-EU trade discussions, with the
added burden of the modest miss in AU CPI.
- The cross staged a recovery to touch above Y82.80, but couldn't break the
Asia-Pacific high of Y82.89. The pair deals back below the high from July 24
(Y82.55) at Y82.48 last, with support now seen at the July 25 low (Y82.09).
Resistance is noted at the July 20 high (Y83.00).
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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