EUR/AUD breaks major support at 1.5355, targets 1.5192 (100-DMA)

FX:EURAUD   Euro / Australian Dollar
250 3 10
EUR/AUD             has broken major trendline support at 1.5355 and is currently trading around 1.53 levels as Aussie spiked post-RBA decision.

RBA Board decided to leave the cash rate unchanged at 1.75 per cent, noting that policy would be consistent with sustainable growth in the economy and inflation returning to target over time.

Intraday bias for the pair is lower, EUR/AUD             on track to test 100-DMA at 1.5192, break below could see 1.51 levels.

Focus now turns towards the Chinese trade figures due to be published tomorrow.

Immediate resistance is 1.5355 ( trendline ), while support is seen at 1.5238 (June 1st lows) ahead of 1.5192 (100-DMA).

Good to sell rallies around 1.5310/1.5315, SL: 1.5355, TP: 1.5340/ 1.53/ 1.5290
Comment: Correction : TP: 1.5240/ 1.52/ 1.5190
Trade closed: target reached: Pair takes 100-DMA support (@ 1.5190) and has edged higher.

Further weakness only on break below.
Compared to your hard working, this typo is NOTHING to worry about. Uwlc.
Good Morning Sir; I guess you made a typing error in your trade set-up numbers. TP levels should be 1.5240 / 1.52 / 1.5190, I guess.
Your followers may notice this when reading your analysis. But some may look at the bottom only. May be you will make a correction .
Have a nice day. Regards.
Thank you ... was a typo ... my bad ... :)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out