Even though the movements are fairly slow they are nonetheless steady and USD/JPY is 15 pips lower on the session and the AUD/USD is 40 pips lower and I can’t help repeating myself in that it really feels as if many traders are closing up early for the year, starting to wind down their positions. Support in the AUD/USD is in the form of Sovereign bids around .9200 and in USD/JPY, it’s this weeks low at 88.75.