[tab: Asia Morning]
$AUDUSD is in the middle of nowhere before this afternoon’s rate announcement.
[tab: 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.