AUD/JPY struggles to stay above 93.80

AUD/JPY edges higher as evidences by higher lows yet lower highs ahead of Tokyo’s opening and the RBA’s interest rate decision. The last interest rate was set at 2.5% and expectations remain the same. Results have demonstrated economic improvements in Australia.
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What to expect from the RBA today?

The Reserve Bank of Australia monetary policy meeting is the focus in Asia, likely to drive the AUD sentiment for the rest of the week, amid null expectations of a rate cut yet still high risk of talking down the Aussie.
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