Westpac - AUD/JPY Outlook: The pair looks to be a buy on dips multi-week

Westpac - "The Bank of Japan has lent fresh support to otherwise range-bound  AUD/JPY. The pair  looks to be a buy on dips multi-week, targeting a test of 84, with  a stretch target of 84.70/80.  Dips to the mid-81s are likely to be driven by concerns over China and the prospect of RBA easing in Q4, perhaps as soon as Oct. A broadly positive global risk environment should underpin the pair overall."

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Tags: AUD/JPY, AUDJPY, Westpac

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