EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum 
FxWirePro- Major European Indices 
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FxWirePro: EUR/ NZD downside pressure builds, key support level in focus 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major European Indices 
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FxWirePro- Woodies Pivot(Major) 
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Selling pressure in the Aussie intensified following the release of poor Chinese trade data, which showed China trade balance for Feb at +209.5bn vs. +341bn expected and 402.20 previous.
- Risk-off seen across markets as Asian markets turned negative, and markets gave up higher yielding antipodeans in favour of the safe-havens.
- Our previous call (http://www.econotimes.com/FxWirePro-AUD-JPY-sees-major-resistance-at-8360-buy-breakout-above-target-85-171811) has hit all targets.
- The pair is now slipping from highs of 85.01 hit on Monday's trade, and we see scope for correction to extend lower.
- Cloud-top at 84.96 is strong resistance for the pair, upside in the pair is capped below cloud-top for now. Breaks above could see test of 86.20.
- On the downside immediate support is seen at 83.90 (March 7th lows) and then 83.25 (March 4th lows).
Recommendation: Book full profits on earlier call and exit trade. Good to enter shorts on rallies around 84.30, SL: 85, TP: 83.90/83.25
