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AUSSIE-YEN: AUD/JPY trades flat at Y79.03, with......>

ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: AUD/JPY trades flat at Y79.03, with the rate sticking to a 23 pip
range thus far. JPY largely shrugged off the summary of opinions from the BoJ's
Jan MonPol meeting, which stressed the importance of easy policy amidst
materialising downside risks. The Nikkei 225 opened on the front foot, but
gradually ebbed off of best levels touched around the open. 
- Initial resistance is located at Y79.29, where the pair touched a fresh YTD
high yesterday, and a jump above would shift bullish attention to the 50-DMA at
Y79.48. On the downside, focus falls on the Jan 18 low of Y78.39, followed by
yesterday's low of Y78.19.

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