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)


FxWirePro: USD/CAD positions for another climb, eyes 1.3900 level
FxWirePro:NZD/USD edges lower, bearish outlook persists
NZDJPY in Consolidation: Navigating the 92.00 Range as Bearish Clouds Gather
FxWirePro: EUR/AUD consolidating around 1.6650, room for further gains
FxWirePro: GBP/NZD continues to recovers , upside pressure builds
FxWirePro: AUD/USD edges higher but bearish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD edges lower, downside risk remains
FxWirePro: GBP/AUD idles around 1.9230 as market awaits fresh catalysts
FxWirePro:NZD/USD treads water as Iran uncertainty keeps traders on edge
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/CNY edges up as yuan weakens on firmer dollar
FxWirePro: EUR/ NZD stuck in range but maintains bullish bias
FxWirePro- Major Crypto levels and bias summary
Ethereum’s $2,200 Ceiling: Can Diplomatic Breakthroughs Dissolve the Bearish Resistance?
FxWirePro- Major European Indices 



