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AUSSIE-YEN: AUD/JPY last seen at Y78.36, 15 pips.....>

ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: AUD/JPY last seen at Y78.36, 15 pips better off, as risk appetite is
drawing support from a bid in the Nikkei 225 observed ahead of the Topix going
ex-dividend tomorrow. 
- With the rate hovering just above yesterday's high of Y78.35, bulls look for
consolidation follower by a move at the 50-DMA/Mar 11 high/Mar 20 low of
Y78.71/72/73. Conversely, bears look for a dive through the lower 1.0% 10-DMA
envelope at Y77.90 towards Y77.54, where the rate bottomed last Friday, touching
a fresh monthly low.

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