USD/JPY still the main intraday focus
The early interbank market was quiet today which means there are no major stop-loss levels close by. USD/JPY will remain the main intraday focus and will be very sensitive to moves on the Nikkei. Dealers say that there are large trailing stops on the downside from positions built up over the last few months so the immediate risk would still seem to lie to the downside. The AUD/USD remains soft but still needs to break below strong technical support near .9600 whilst the EUR and GBP remain relatively calm.
Good luck today.