EUR/AUD Weekly Outlook

EUR/AUD’s fall from 1.6827 resumed last week and reached as low as 1.6040. Initial bias stays on the downside this week. Decisive break of 1.6033 low will resume larger down trend from 1.9799. Next near term target is 100% projection of 1.6872 to 1.6122 from 1.6420 at 1.5984. On the upside, above 1.6178 minor resistance
The post EUR/AUD Weekly Outlook appeared first on Action Forex.

EUR/AUD’s fall from 1.6827 resumed last week and reached as low as 1.6040. Initial bias stays on the downside this week. Decisive break of 1.6033 low will resume larger down trend from 1.9799. Next near term target is 100% projection of 1.6872 to 1.6122 from 1.6420 at 1.5984. On the upside, above 1.6178 minor resistance […]

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

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