If recent history is anything to go by, Asia will sell the JPY crosses today and frustrate those who had expected an upsurge in trend momentum. I nevertheless will continue to stick with my long AUD/CHF position (which I still believe is 20% undervalued!) and on a day-trading basis, I will look for buying opportunities in EUR/CHF, EUR/JPY and AUD/USD as all three have now broken through very important resistance levels.