Trading Strategies

EUR/AUD Weekly Outlook

EUR/AUD edged lower to 1.6144 last week but recovered since then. Initial bias is neutral this week first. Deeper fall is still in favor as long as 1.6374 resistance holds. Break of 1.6144 will target a test on 1.6033. Decisive break there will resume larger down trend from 1.9799. However, break of 1.6374 resistance will
The post EUR/AUD Weekly Outlook appeared first on Action Forex.

EUR/AUD edged lower to 1.6144 last week but recovered since then. Initial bias is neutral this week first. Deeper fall is still in favor as long as 1.6374 resistance holds. Break of 1.6144 will target a test on 1.6033. Decisive break there will resume larger down trend from 1.9799. However, break of 1.6374 resistance will […]

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

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