AUD/JPY…is into mvg avg support @ 9600 + a few.
A close below 96.45 puts in an ORL. 96.39-45 becomes a big pivot.

EUR/JPY…124.53 is the ORL #. Short term stops have been elected, however a good close below this level is needed for pattern confirmation.

Why are we bringing this up again?
These two crosses have led the Risk on Rally in U.S. Equities.

Time Frame Trading…this all boils down to whether the Bulls can ram the shorts yet again in the last 30 minutes of NYSE trading.

Pay attention to Google and the Spu’s @ 1515.

A lot of Dollars have been bought across all the currencies in a move to cash.
We’ll soon see if the money remains in cash or back to high yielding stocks.