EURUSD: Attempting Trend-Line Break Ahead Of ECB

Posted by on Dec 6, 2012

The markets continued to chip chop away on Wednesday.  The EURUSD managed to break below trend line support but follow thru has been limited to this point.  The GBPUSD has respected support at 1.6085.  Heading into Thursday's trading the data flow begins to pick up.  the AUD Employment report is due at 00:30 GMT.  Expectations are for a reading of 0 with the employment rate landing at 3.5 %.  In North American trading the BoE and ECB will both deliver their rate
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