EURAUD SEASONAL SWING FROM QPP TO QS2 ?

RELATIVE STRENGTH:
- EUR was strong but now weakening on the HTF
- AUD was weak but now strengthening on the HTF

SEASONAL:
- EURAUD is seasonally suppose to be weak in JAN + FEB
- Weakness is a little delayed
- Probably weakness will continue into MAR

VOLUME:
- High volume nodes in EURO Future define resistance and support
- Resistance level created mid DEC
- Price is now below volume resistance
- Support is created during SEP FOMC-meeting

PIVOTS:
- Expected seasonal swing lower lines out with Quarterly Pivots
- Price started the Quarter at QPP
- Quarterly Pivot predicts Quarterly S2

TECHNICAL:
- Price topped 3rd week DEC
- Price making Lower Lows > Lower Highs since
- Daily 21MA crossed 55MA to the downside
- Stops below ranging structure untouched
- Weekly Imbalance near QS2