Breakout

I need to take care of this napping while bored thing so I stop missing these major breakouts on this pair. Then again, had I just held on to my short this morning during the descending triangle I'd be sitting on some good pips right about now with plenty of stops in between to reload short. No big deal though, this move came even AFTER the BOJ intervention of last night. Right now price is stalled above the 1.38488 level I marked off earlier. I will actually be at my computer tonight watching during the RBA decisions in Australia. Interestingly enough the Australian dollar is just now coming off a month long rally towards some of the highest points it's been in over 3 years. We had a slow-going rally for most of today's session on the Aussie and in the last 4 hours or so it's taken a plunge back down towards the daily open. If we manage to break the 1.05 level I'm targeting the 1.0460, 1.0370 and finally 1.0320 areas. Charts attached. Currency pair is listed in the top left corner.