EUR/AUD was up +25pts in Asia on AUD led weakness after Australia's trade deficit widened to A$3.3 billion, compared to forecasts of A$2.6 billion.
- The pair could not hold on to gains, has slipped lower and is currently trading at 1.4482 after hitting session highs at 1.4562
- The pair has retraced over 75 % Fibo of the 1.3677 to 1.6584 (Apr - Aug) rise, momentum studies, 5, 10 & 20 DMAs head lower - negative trending setup, close above 1.4632 (10 DMA) would suggest a period of consolidation
- Market focus on ECB today, uncertainty has surfaced on Draghi's ability to over deliver, should Draghi fail to do so EUR shorts likely to be squeezed
- Immediate resistance is seen at 1.4632 (10 DMA) ahead of 1.4785 (61.8 % Fibo of 1.3677 to 1.6584 (Apr - Aug) rise), while supports on the downside are seen at 1.4413 (Dec 2 low) and then 1.4360 (76.4 % Fibo of 1.3677 to 1.6584 rise)


JPY Major Currency Score: Mixed Trend — USDJPY Bullish; NZDJPY, AUDJPY, GBPJPY and EURJPY Bearish
FxWirePro: USD/ZAR advances as strong dollar and higher oil prices pressure rand
NZDJPY: Bearish Bias Below 90 — Sell Rallies Toward 86.40
FxWirePro- Woodies Pivot
FxWirePro: EUR/NZD uptrend looks tired, but continues to hold
FxWirePro: USD/ZAR holds above 16.600, maintains bullish bias
FxWirePro: USD/CAD steadies around 1.3260, retains bid tone
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD gains some ground but outlook is bearish
FxWirePro: GBP/AUD edges lower ,scope for further downside
French Fiscal Crisis Triggers Euro Selloff: EUR/USD Slips Toward 1.1100 as OAT-Bund Yield Spread Widens
Major Pair Currency Score & Key Levels to Watch: GBPUSD Extremely Bearish; EURUSD, NZDUSD and AUDUSD Bearish; USDCAD and USDCHF Bullish
FxWirePro: EUR/NZD recovers from early dip, upside pressure builds
FxWirePro: GBP/USD slips as dollar strengthens ahead of Fed minutes
FxWirePro: GBP/AUD steadies above 1.9000, retains bid tone
FxWirePro: EUR/AUD gains some ground but outlook is bearish
AUD/JPY Pares Gains Below 55 EMA: Is a Bearish Retreat Toward 108.00 Underway? 



