AUD/JPY bounces back from ten-month lows as Yen recedes

• The Yen is non-reactive to low-tier macro figures, waiting for market sentiment to resume control.
• The tail end of Thursday will see Tokyo CPI figures.

The AUD/JPY climbed on Wednesday to continue the back-and-forth that has plagued the pair this week, trading near 81.80 in the early Tokyo markets.

Japan's retail sales increased by 1.6 percent, missing the 1.7 forecast, but the Yen was unreactive as the markets roll over into waiting for swings in sentiment to choose a direction.

The calendar sits quiet for the Aussie and the Yen until Tokyo CPI due at 23:30 later today.

AUD/JPY Levels to watch

The Aussie is still holding on the end on Daily candles, with thin support from March's fresh low at 80.50, and resistance piling up from the last swing high near 82.60 and March's high of 84.50, while the price currently challenges a support/resistance band near 81.80.