EUR/AUD Weekly Outlook

EUR/AUD edged lower to 1.5250 last week but rebounded strongly from there. As a short term bottom should be formed, further rise might be seen in the near term. Yet, overall outlook will stay bearish as long as 1.5945 resistance holds. Break of 1.5487 minor support will bring retest of 1.5250 low. However, firm break
The post EUR/AUD Weekly Outlook appeared first on Action Forex.

EUR/AUD edged lower to 1.5250 last week but rebounded strongly from there. As a short term bottom should be formed, further rise might be seen in the near term. Yet, overall outlook will stay bearish as long as 1.5945 resistance holds. Break of 1.5487 minor support will bring retest of 1.5250 low. However, firm break […]

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

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