AUSSIE-YEN: AUD/JPY last sits at Y81.95, a touch.....>

AUSSIE-YEN: AUD/JPY last sits at Y81.95, a touch lower on the day after climbing

over 30 pips Monday. 

- Yesterday, AUD/JPY climbed to session highs at Y82.39 as the two sides of the

rate found themselves on opposite ends of the G10 pile in the London morning.

However, the pair subsequently erased most of earlier gains as AUD strength

faded away with recovery rallies in commodities remaining shallow and WTO

figures suggesting global goods trade will lose further momentum in Q4 this

year. 

- The Nikkei 225 has posted marginal gains today, while U.S. equity index

futures are in the red. 

- Bears look to a clean break below the 21-DMA at Y81.85 before shifting focus

to Monday's intraday low at Y81.59. Conversely, bulls need to jump back onto the

Y82.00 handle before challenging yesterday's peak at Y82.39.