There was a 10 pip spike higher on the back of the NAB business activity numbers, which were positive. But sellers between 9325-30 have stood firm, not allowing the AUD to move higher. A large European name has been seen selling as have Japanese names under 9320. It would seem there is some interest to sell AUDJPY today.

Personally, I’m short at 9298 overnight and will leave a stop above 9340.