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AUSSIE-YEN: U.S. President Trump's declaration.......>

ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: U.S. President Trump's declaration that he feels China talks will be
successful is supporting broader risk appetite and has put a fresh bid into
AUD/JPY. Trump also said that we will know in 3-4 weeks if the negotiations will
be successful.
- AUD/JPY last seen at Y76.10, 19 pips higher on the day. Consolidation above
Y76.00 would draw bullish attention to the downtrend resistance, which kicks in
at Y76.84. Meanwhile, bears look for a retreat below Y76.00, before challenging
Y75.74, where the rate bottomed yesterday.

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