EUR Trading Outlook (10-03-2014)
AUD/USD: Pivot is now at 0.9130 with support at 0.9030 and 0.90. AUD is still holding strongly above the support. Further soft data from China and Australia would push the pair below 0.90 back to early last week’s 0.89 area.
EUR/USD: Barrier protective offers ahead of 1.3925 aided to cap the lift on EUR/USD. Strong NFP data pushed down the EUR/USD gains. However the slide was stalled by Asian & mid-easy buyers. Pivot at 1.3850 and resistance at 1.3920-1.3930.
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