EUR/AUD Weekly Outlook

EUR/AUD stayed in consolidation from 1.5591 last week and outlook is unchanged. Initial bias remains neutral this week first. As long as 1.5830 resistance holds, outlook stays bearish and further fall is expected. Break of 1.5591 will resume larger down trend for 161.8% projection of 1.6827 to 1.6144 from 1.6420 at 1.5315 next. However, break
The post EUR/AUD Weekly Outlook appeared first on Action Forex.

EUR/AUD stayed in consolidation from 1.5591 last week and outlook is unchanged. Initial bias remains neutral this week first. As long as 1.5830 resistance holds, outlook stays bearish and further fall is expected. Break of 1.5591 will resume larger down trend for 161.8% projection of 1.6827 to 1.6144 from 1.6420 at 1.5315 next. However, break […]

The post EUR/AUD Weekly Outlook appeared first on Action Forex.

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