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AUSSIE-YEN: The 100-dma at Y81.19 supported on.......>

ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: The 100-dma at Y81.19 supported on Friday to close in NY around
Y81.40. The modest risk-on tone through Asia extended to Y81.50, but with lack
of follow through settled in the middle of its narrow 23 pip range. Near-term
resistance is seen at Y81.73/84 from the 50% retracement of Y82.21-81.25 &
200-dma, above here opens the Dec 13 high at Y82.21. A downside break of the
100-dma re-ignites the bearish trend targeting the December lows at Y80.72. Main
focus tomorrow on the RBA Dec meeting minutes (0030GMT) with particular
attention paid to comments surrounding the housing market. Jobs data follows on
Thursday at 0030GMT.  

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