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AUD/JPY: Awaiting stimuli at 93.20 land

FXStreet (Guatemala) - AUD/JPY is currently trading at 93.28 with a high of 93.43 and a low of 93.20.

AUD/JPY has been very quiet and oscillating within a 35 pip range since early US trade. This price action has mirrored the Yen in general whilst consolidating the recent and rampant price action with 119.20 the subject.

Data wise, it is a quiet week for the Aussie although Japan came with numbers just before the Tokyo open where The key national CPI y/y excluding Fresh Food for February came in at 2.0% y/y. This was not of inspiration mind you in a quiet Asian day and technically we remain in neutral territory at the pivot o flat technicals.

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