EUR/AUD Weekly Outlook

EUR/AUD stayed in consolidation pattern from 1.5250 last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, break of 1.5672 will bring stronger rebound. But upside should be limited by 38.2% retracement of 1.6827 to 1.5250 at 1.5852. On the downside, below 1.5423 should bring retest of 1.5250 low.
The post EUR/AUD Weekly Outlook appeared first on Action Forex.

EUR/AUD stayed in consolidation pattern from 1.5250 last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, break of 1.5672 will bring stronger rebound. But upside should be limited by 38.2% retracement of 1.6827 to 1.5250 at 1.5852. On the downside, below 1.5423 should bring retest of 1.5250 low. […]

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

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