$AUDUSD $USDJPY 26 March 2012

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.

End of Tokyo session

$AUDUSD reacted well at the resistance level and retraced around 50% of last up swing.

$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.