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AUD/JPY key resistance by 92.50

  • RBA could still cut at the May meeting after quarterly CPI data viewed

  • Those expecting RBA to cut last night squeezed out as yen slides with risk-on

  • Pair see key resistance by 92.50 from the 21-DMA, Kijun, Cloud base & 50% Fibo

  • TRJCRB index rebounding since the Mar 17 retest of GFC nadir from '09

  • Gap on weeklies between 92.70 & 92.20 beckons to be filled

  • Market Data
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