FX to move the market?

It is very early to make this kind of call, but all of the averages held up at their range lows or right around them.

It looks to me the EUR/USD is about to see some strength which is what drug the futures down last night with weakness after the comment from Draghi that the periphery in the EU is indeed hitting the core of the EU (Germany) with contagion which was always predictable, the Troika has just been trying to fight that off for years, now Draghi says it out loud.

In any case, I'm not so sure it is Euro strength as much as it appears to be $USD weakness building, which has been strong causing the market to fall, it looks like a shift is close to underway.

On a reversal note, it's a bit hard to imagine a "V" shaped reversal back up, but since the range is so large it is more possible now than usual.

More as the charts develop