The Aussie is shifting lower against the Yen as a lack of data and confidence saps the AUD.
Japan merchandise trade figures could kick the mix into gear.
The AUD/JPY continues to grind lower, and the pair is trading near 83.20 in the overnight session.
The Aussie has been losing ground to the Yen since Friday’s peak at 84.07, and the pair is currently chattering along the 83.00 psychological handle ahead of the Tokyo markets.
Wednesday has little data to offer the AUD outside of a monthly update on the Westpac Leading Index at 00:30 GMT, which last printed at 0.3 percent, and the notable events for the Aussie will be unemployment figures dropping on Thursday.
The Yen sees some mid-tier figures in the pre-market, with Merchandise Trade Balance numbers at 23:50 GMT late Tuesday before the midnight rollover. The March Trade Balance is expected to surge from 2.6 billion Yen to 498.3 billion, with Imports forecast to fall from 16.6 percent to 5.4, and Exports expected to jump from 1.8 percent to 4.7.
AUD/JPY Levels to watch
The current level to beat for Aussie bears is support from the 83.00 major level, while 82.65 could be the next level down, and resistance is sitting heavy at Monday’s high of 83.65 and Friday’s peak at 84.00.
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