Failure to hold on to the gains made in the early part of the week near the $1300 level has seen Gold prices continue to pull back following the doji pattern two days ago. A bearish continuation today could see further downside in Gold ahead of the US ADP payrolls report and Friday's non-farm employment data. EURUSD (1.14): EURUSD tested the $1.160 handle yesterday but closed on a bearish note settling at 1.1496, indicating a near-term pullback to the upside. Support at 1.147 remains the immediate level of interest, a break below which could see EURUSD extend its declines to 1.130. The bearish divergence on the daily chart points to a deeper pullback that will see EURUSD test the 1.10 handle over the next few weeks. USDJPY (107.2): USDJPY closed yesterday on a modestly bullish note, pulling back from the lows of 105.550. A continued upside momentum could see the recovery push USDJPY towards 110.67 in the near term which marks a strong resistance level that was previously supporting prices. A break above 110.67 could see further bullish momentum in USDJPY for a test to 117 - 116.21 resistance. Minor support at 106.565 is likely to be tested ahead of further gains to the upside. However, a break below this support could see USDJPY either continue to consolidate below the support and the recent lows or extend declines lower.