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AUSSIE-YEN: AUD/USD's initial resistance in the......>

AUSSIE-YEN: AUD/USD's initial resistance in the form of the July 16 high
($0.7442) seems to have capped broader AUD appreciation for now, after the
Aussie benefitted from a strong domestic labour market report.
- AUD/JPY last trades at Y83.69 (just above the June 14 high of Y83.68), after
printing a high of Y93.92. However, the pair's closes above Y83.16 add to
bullish confidence, with broader focus on Y84.53-89 where the 200-DMA is
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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