AUDJPY reaction to RBA minutes

Seems the RBA minutes today were a bit of a damp squib, given AUDJPY only dipped to 111.235 before finding some bids again, now trading around 111.52. Expectations for an immediate rate cut were already low, but the lack of any significant dovish tilt, even with that recent uptick in unemployment, suggests they're still playing the long game. Not much here to shift the longer-term bullish bias on the cross, especially if the BoJ remains resolutely on hold. Still keeping it on the watch for now, but not seeing any major catalyst for a significant breakdown. Perhaps more of a range play until we get firmer data out of either economy.