AUSSIE-YEN: AUD/USD last trades at $0.7188, which....>

AUSSIE-YEN: AUD/USD last trades at $0.7188, which represents the 50-DMA, 17 pips

higher on the day, after bouncing from session lows of $0.7146, touched early in

the Asia-Pac session, with initial weakness attributed to lack of decisive

breakthrough in Sino-U.S. trade talks. 

- Worth mentioning AUD has just overtaken yen as the G10's best performer.

AUD/JPY last Y77.59, 3 pips higher on the day, with familiar key levels

remaining in play. 

- With the rate trading above the 100-DMA/55-DMA at $0.7178/80, bulls look for a

clean break and consolidation above those levels, which would open up the upper

Bollinger band (2%) at $0.7227. Conversely, bears keep an eye on yesterday's low

of $0.7135, and a fall through that level would bring the Jan 8 low at $0.7117

into view. 

- Australian retail sales data headlines the Aussie docket tomorrow.