[tab: Asia Morning]
Good morning (as if there is anybody reading this post, at all!) from Australia. As I tweeted, Monday morning is normally tricky to trade, I am spending more time reading than trading until Tokyo, Singapore markets open. Here is the structures of $AUDUSD and $USDJPY that I am watching. These charts are just the frame work of my intraday short term trading.
![USDJPY 26March2012](https://tradergav.com/wp-content/Photos/2012/03/USDJPY-26March2012-1024x503.png)
![AUDUSD H1 26March2012](https://tradergav.com/wp-content/Photos/2012/03/AUDUSD-H1-26March2012-1024x503.png)
[tab: End of Tokyo session]
$AUDUSD reacted well at the resistance level and retraced around 50% of last up swing.
![AUDUSD H1 26March2012 Update](https://tradergav.com/wp-content/Photos/2012/03/AUDUSD-H1-26March2012-Update-1024x503.png)
$USDJPY retraced from hourly resistance and immediately bounce at the nearest visible support. It is now looking like it might give 83.17ish level a test.
![USDJPY 26March2012 update](https://tradergav.com/wp-content/Photos/2012/03/USDJPY-26March2012-update-1024x503.png)
I’m reading it 😉