AUDJPY Pullback Presents Selling Opportunity Above 110.50 
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Source: Thomson Reuters
- USD/JPY overnight low at 118.62 just above converged Kijun & 21-DMA at 118.57
- Rebound since probes falling Tenkan & exporter/mo-end offers by 119
- Cloud bottom, Feb 16 lo, 61.8% 118.10-11
- USD-JPY yield spreads edge slightly higher
- 1-mo volume at lowest since Oct 30 & pre QQE2 launch
