EUR/AUD’s down trend from 1.9799 finally resumed last week and hit as low as 1.5398. 61.8% projection of 1.6409 to 1.5591 from 1.5945 at 1.5439 was already taken out. Initial bias stays on the downside this week for 100% projection at 1.5127 next. On the upside, above 1.5504 minor resistance will turn bias neutral and
The post EUR/AUD Weekly Outlook appeared first on Action Forex.
EUR/AUD’s down trend from 1.9799 finally resumed last week and hit as low as 1.5398. 61.8% projection of 1.6409 to 1.5591 from 1.5945 at 1.5439 was already taken out. Initial bias stays on the downside this week for 100% projection at 1.5127 next. On the upside, above 1.5504 minor resistance will turn bias neutral and […]
The post EUR/AUD Weekly Outlook appeared first on Action Forex.