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AUSSIE-YEN: AUD/JPY has inched higher, last trades...>

ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: AUD/JPY has inched higher, last trades +8 pips at Y76.20, in the
lead-up to the release of Japanese earnings data. Hard to point out any
particular catalyst behind the move as news flow remains light.
- Bulls look to take out yesterday's cycle peak at Y76.79 before attempting a
move at the upper 2.0% Bollinger band at Y77.32. Bears look for a pullback under
yesterday's low of Y75.56, which would bring the 200-DMA at Y72.25 into view.
- Later in the day, focus turns to Australian ANZ job ads & NAB Business
Confidence Survey. Aforementioned Japanese earnings figures are due shortly.

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