Trading Strategies

EUR/AUD Weekly Outlook

EUR/AUD gyrated lower last week but it’s bounded in range of 1.5250/5689 after all. Initial bias stays neutral this week first. Outlook remains bearish as it’s staying inside near term falling channel. On the downside, break of 1.5250 low will resume larger down trend from 1.9799, for 1.4733 fibonacci level. On the upside, though, break
The post EUR/AUD Weekly Outlook appeared first on Action Forex.

EUR/AUD gyrated lower last week but it’s bounded in range of 1.5250/5689 after all. Initial bias stays neutral this week first. Outlook remains bearish as it’s staying inside near term falling channel. On the downside, break of 1.5250 low will resume larger down trend from 1.9799, for 1.4733 fibonacci level. On the upside, though, break […]

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

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