Aud Usd dropped 150 pips on RBA Rate decision news. The Rate was cut by 25 basis points and the pair went into freefall. Technically this fall was not unexpected due to the recent run up due to the increase in the price of crude oil futures which kept all the Aussie bulls long. The gap and move down ran through several important levels. If you listened closely you could hear the long stops getting hit.
Usd Cad has been moving down in overnight London action and a fast move up in the "Valley" between London and New York sessions. After a run up Increased downward pressure in the short term is expected.