AUDJPY is weak but has achieved short-term channel support. A reflection will face resistance at 8315/50
Additional weakness could see support from the 61.8% retracement of the rally from March lows at 8014. And Australian retail sales data for June confirm the Reserve Bank of Australia's decision to keep interest rates unchanged yesterday with disappointing numbers. Retail sales fell 0.1% in a month, well below the + 0.4% expected and in negative territory for the second consecutive month.