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AUSSIE-YEN: AUD/JPY inched higher gradually,.........>

ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: AUD/JPY inched higher gradually, before a round of JPY sales was
noted into the Tokyo fix. The pair has eased off an earlier high of Y72.10 since
and last deals at Y72.00, 9 pips better off.
- The rate managed to break above the Y72.00 mark today and the round figure
seems to be limiting the downside. Consolidation above the level would encourage
bulls to target Y72.41, the high of Aug 21. Conversely, bears look for a retreat
towards the Aug 9 low/trendline support at Y71.48/42.

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