Narrow Ranges Across G-10 FX

There has been a muted start across G-10 FX, ranges have been narrow with little follow through on moves thus far.

• Yen is little changed, USD/JPY has observed a ~20 pip range this morning. Immediate attention is on Monday's high (¥133.87), a break of here would strengthen the short term bullish theme. March PPI printed in line with expectations at 0.0% M/M whilst the Y/Y measure was a touch above estimates at 7.2%.
• AUD/USD prints at $0.6650/55, the pair sits in a 10 pip range today with little follow through on moves. Resistance comes in at $0.6697, 20-Day EMA, and support is at $0.6620 low from April 10.
• Kiwi has also dealt in a narrow range, NZD/USD sits below $0.62. Bulls first look to target 20-Day EMA ($0.6235).
• Cross asset wise; BBDXY is flat as are e-minis. US Treasury Yields are little changed.
• The docket is thin for the remainder of the Asia-Pac session. Further out US CPI, FOMC meeting minutes and the Bank of Canada monetary policy decision provide today's highlights.