EUR/AUD Call Update - short progressing

FX:EURAUD   Euro / Australian Dollar
195 0 3
The Australian dollar             hit fresh multi-month highs at 1.4634 against the euro             earlier on Wednesday and is currently trading at 1.4655

EUR/AUD             short call is progressing, the pair trends south towards June lows, was slightly up in Asia as EUR lead amid broad USD weakness & bargain hunting

Bearish outside day re-enforcing the downtrend, momentum studies, 5, 10 & 20 DMAs head south - bearish setup intact

The pair could see a retracement all the way to 1.4400 and then 1.4360 (76.4 % Fibo of Apr             to Aug rise) with little chart support seen until then

The pair is hovering around minor support at 1.4662 levels, breaks below will then see next minor support around 1.4550 levels, immediate resistance now lies at 1.4785 (61.8 % Fibo 1.3677 to 1.6584 ( Apr             - Aug) rise
Trade closed: target reached
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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