FxWirePro- Major European Indices 
FxWirePro: EUR/AUD falls below 1.7000, bears keep the advantage 
FxWirePro: EUR/ NZD falls below 1.9800, bears keep the advantage 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD uptrend loses steam, remains on bullish path 
EUR/GBP Slumps to 0.86598 — Bears Dominate While 0.86750 Caps Any Bounce 
FxWirePro: GBP/NZD maintains bearish bias with focus on 2.2650 level 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CAD recovers slightly from early decline but bears are not done yet 
FxWirePro: EUR/AUD attracts selling interest, could be on verge of a bigger drop 
CAD/JPY Bounces to 113.22 — BOC Hold Sparks Dip-Buy Setup Toward 115 
Fed Pause Fails to Lift Dollar — USD/CHF Pulls Back to 0.76822, Bears in Control 
FxWirePro: AUD/USD eases from 3-year high , bias bullish 
FxWirePro: USD/ZAR gains mild momentum, trend remains bearish 
AUD/JPY Roars Higher: Bullish Breakout Eyes 110 as Aussie Momentum Surges 
Poor Chinese inflation data released over the weekend raised concerns over China's ability to boost the economic growth, denting risk appetite and boosting yen.
- AUD/JPY hit a multi-year low of 80.88, levels not seen since Oct 2012, but was rejected at lows.
- The pair later rebounded higher towards 82 handle, on the back of strong pullback seen in the USD/JPY pair.
- Broader market sentiment will continue to dominate markets amidst a data-light economic calendar today.
- Strong resistance is seen at 81.95 levels, breaks above could take the pair to next hurdle at 82.95 (5-DMA) and then to 83.90 (Jan 8th highs).
- To the downside immediate support might be located 80.88 (Session lows Jan 11) below that at 79.50 (Oct 2012 Level).
Recommendation: Good to buy dips around 81.50, SL: 80.90, TP: 82.95/83.90
