AUD/JPY pulls back from intra-day highs at 96.65, despite the favourable risk sentiment

  • The Australian Dollar is one of the strongest performers in a risk-off session on Wednesday and is trading higher against the safe-haven Japanese Yen. The immediate AUD/JPY trend, however, remains bearish, in a sequence of lower highs since peaking at 97.45 last week, and with bulls capped below 96.60 so far today.