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zulle6716
Mar 17, 2019 5:33 PM

EURAUD Moves with No Clear Indication 

Euro Fx/Australian DollarFXCM

Description

No clear indication of price action, nor direction for EURAUD on H4 time frame. Brexit and US-China clearly leave scars to the pair. On Daily, the pair is moving in a wide range between 1.3700 and 1.6300. Staying clear until further direction is presented. A bearish bias could develop if US proceeds with Auto Tariff, but negative sentiment in the equity market could also weaken AUD.
Comments
Y-R-L
Price like to linger around 1.60 since the beginning of the year.
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