EUR/AUD dropped to 1.6006 last week but failed to sustain below 1.6033 low and recovered. Initial bias remains neutral this week first, and further fall is in favor with 1.6178 minor resistance intact. On the downside, break of 1.6006 and sustained trading below 1.6033 will confirm resumption of down trend from 1.9799. Next target is
The post EUR/AUD Weekly Outlook appeared first on Action Forex.
EUR/AUD dropped to 1.6006 last week but failed to sustain below 1.6033 low and recovered. Initial bias remains neutral this week first, and further fall is in favor with 1.6178 minor resistance intact. On the downside, break of 1.6006 and sustained trading below 1.6033 will confirm resumption of down trend from 1.9799. Next target is […]
The post EUR/AUD Weekly Outlook appeared first on Action Forex.