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AUSSIE-YEN: The risk-barometer cross is moving.......>

ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: The risk-barometer cross is moving higher since the opening of Tokyo
markets, the cross rising from around Y88.20 to a high so far of Y88.41.
Risk-sentiment is mildly positive, possibly due to better data from China
released over the weekend, official PMI rising from 51.7 to 52.4 (vs 51.6
expected). Hourly resistance is close-by at Y88.45, a break opens Y88.89 (38.2%
fib retracement Y90.31-Y88.02), while support is found at Y88.02-03 (Sep28-29
lows and possible double bottom). Aussie-yen was last at Y88.37.

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