We are opening in Asia pretty close to levels we left at yesterday. EUR/USD and AUD/USD are virtually unchanged, USD/CHF is a little lower and cable is 100 pips higher. Most of the interest will again revolve around USD/JPY and the JPY crosses. USD/JPY is trading rather typically at the moment, grinding higher pip-by-pip with only small retracements. We can expect to see a test of a major 50% retracement level at 98.85 at some stage.
Good luck today.
