JPY is firmer, with the bulk of the domestic....>

YEN: JPY is firmer, with the bulk of the domestic focus being placed on the

Moritomo scandal. Abe's approval ratings have dumped in recent opinion polls,

although the PM & FinMin Aso continue to stress their innocence.

- USDJPY last trades at 105.80 (-20 pips), EURJPY trades at 129.80 (-50 pips) &

AUDJPY trades at 81.50 (-30 pips).

- The currency shrugged off the opinions from the BoJ's latest monetary policy

decision (see MNI's 5 things on the Main Wire at 01:06 GMT 03/19), while the

latest batch of domestic data also did little to stir the domestic currency.

- Layers of resistance building in USDJPY add to bearish conf. Bulls need a

close > 106.75, with the 106.75 cap meaning immediate focus remains on '18 lows.

- EURJPY remains heavy, with immediate focus on 129.06-52 where '18 lows,

200-WMA & 55-WMA are noted. Bulls now need a close > 131.03.

- The lack of topside follow in AUDJPY through last week took its toll with a

sharp sell-off that sees immediate focus back on tests of the 2018 low and

double daily bottom at 81.47 (we have had a brief look below this level already

today). Bulls now need a close above 82.70 to gain breathing room.