After three days of going up, Euro-Aussie dollar is down 24 pips today

In a range-bound session favoring short positions, EUR/AUD remains constrained in a 1.642 to 1.6516 range and is currently trading close to 1.6454.

Highly important Retail Sales data from Australia beat analyst expectations of 0.3% with a reading of 0%.

Nonetheless, encouraging indicators for Euro-Aussie dollar published earlier when highly important GDP data from Germany beat analyst expectations of -0.1 with a reading of -0.3.

While price action maintains a negative bias, Australia CFTC AUD speculative net positions released today at 20:30 UTC with a figure of -49,100, while the previous figure was -53,600.

Positive performances can be seen by looking at other currencies as having closed the previous session at 172.53, GBP/JPY is up 0.66% today to currently trade at around 173.67. GBP/NZD ascends 0.47% to trade around 2.0406. USD/JPY is up 0.41%.

Euro-Aussie dollar now trading 5.28% above its 3-month low of 1.4289.