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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