$AUDUSD $USDJPY 03 April 2012

Asia Morning

$AUDUSD  is in the middle of nowhere before this afternoon's rate announcement.

$USDJPY

End of Tokyo session

The rate announcement (unchanged) brought $AUDUSD down to 1.035ish.  If the breakout of the penant is to be trusted, the measured down move will bring us to around 1.02ish area.

There's no too much changes in $USDJPY, the initial breakdown during Tokyo open was not followed through. Instead, price is creeping up the whole Asian session, we are now back to around Asia opening price.