EUR/AUD Weekly Outlook

Despite slightly deeper than expected pull back to 1.6461, EUR/AUD rebounded well ahead of 1.6337 support. The development maintains near term bullishness. Initial bias remains neutral this week first. On the upside, firm break of 1.6827 will resume the corrective pattern from 1.6033. Next target is 38.2% retracement of 1.9799 to 1.6033 at 1.7472. However,
The post EUR/AUD Weekly Outlook appeared first on Action Forex.

Despite slightly deeper than expected pull back to 1.6461, EUR/AUD rebounded well ahead of 1.6337 support. The development maintains near term bullishness. Initial bias remains neutral this week first. On the upside, firm break of 1.6827 will resume the corrective pattern from 1.6033. Next target is 38.2% retracement of 1.9799 to 1.6033 at 1.7472. However, […]

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