Today, currency markets were tame for the most part. However, we did see some minor breakouts. EUR/USD was held in a 1.3707-1.3748 range.GBP/USD and GBP/JPY look like they want to challenge the resistance of the consolidation formed during the second half of February. (GBP/USD and GBP/JPY 4H charts)USD/JPY did not dip as I anticipated. Instead it broke a short-term trendline, and is challenging the February consolidation resistance between 102.55 and 102.70. (USD/JPY 4H chart)AUD/USD continued to rally, breaking above its recent consolidation channel. It looks poised to test the 2014 highs around 0.9080. Finally, USD/CAD drifted lower after the BoC maintained rates, but did sound slightly more hawkish. BoC Keeps Rates Unchanged: USD/CAD Drifts Lower