I’ve found the last few days to be very confusing with none of the levels which I presumed to be ‘big’ making any impact at all. USD/JPY has rebounded just as fast as it fell, the AUD has given up all of its gains and made fresh lows against the NZD, the EUR has stayed static and the GBP has rebounded strongly.
The only consistent trend has been USD/CAD, which keeps edging higher no matter what else happens.
I don’t think these sharp intraday reversals are over and done with yet and I’m staying small and flexible until the lights start shining brighter.
Not too much of note on the economic calendar during Asian trade (http://www.fxstreet.com/economic-calendar/).
Good luck today.