The EURUSD has held the 1.4600 level so far today as the USD comes under pressure. Even though EURJPY saw an earlier sell off under 129.80, the EURUSD has stood firm, helping the cross recover back above 130.00. Resistance is seen between 1.4660-70 on top. USDJPY and Yen crosses have been under continual pressure for over an hour and I feel its only a matter of time before we test the 1.4600 area again.
The AUD on the other hand has tripped stops below the 9080 support, as continued selling in AUDJPY weighs on the local currency. Intraday buyers are lined up at 9050, but major support is back at the 9020 area.
