Please click on the AUDUSD Hourly chart on the left for a bigger view.
Two things to notice:
1. Nice little triangle formation with bounds at 0.6400/0.6485, a break one way or the other is expected and i am looking for it to break higher. Which brings me to my next point.
2. Downward sloping channel resistance coming in at 0.6600 needs to be breached in order to take the focus off the lower levels.
AUDUSD edging towards the higher end of its daily range with AUDJPY also doing the same.
Most of the JPY crosses appear to be getting support in early London.
