The stronger than expected m/m data was partly offset by weaker ex-transport and the USD is largely unchanged as traders await more news from cyprus and the eu.
Support on EURUSD from barrier options at 1.2825 and 1.2800 but with intra-day traders comfortable being short until 1.2890 breached.
AUDUSD is climbing slowly again though and posting new session highs of 1.0487 ahead of strong sell interest between 1.0490-1.0500.
