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ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: AUD/JPY last deals at Y74.37, a pip lower on the day. Focus remains
on the RBA minutes, expected at 02:30BST/11:30AEST.
- After the rate registered a lower high and a lower low yesterday, bears look
to extend losses through the lower Bollinger band (3%) at Y74.01 and the
psychological Y74.00 level. Bulls need to retake the lower 1.0% 10-DMA envelope
at Y74.53 before targeting the Jun 3 low of Y74.97.

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