The JPY crosses have been the star of the show today with the EUR/JPY falling just short of the 132.00 level and the AUD/JPY now looking like it wants to head to 70.00+. Since breaking above 65.50 the AUD/JPY has held up well and should trade at 70.00 in the coming week with a test of 75.00 not out of the question in the coming couple of months.

audjpy-daily-23-mar-09