EUR/AUD closes above 20 DMA, could takeout 1.5200 (38.2% Fib)

FX:EURAUD   Euro / Australian Dollar
163 0 5
EUR/AUD             close above 1.4849 20 DMA yesterday set targets 1.5204 (38.2% of Aug/Dec fall) in sight

On the day, the pair is trading slightly firmer, ler by AUD weakness post China trade data, currently it is at 1.4994

Momentum studies, 5 & 10 DMAs edge higher, falling 21 DMA at 1.4863 (neutral setup) is support on the downside ahead of 200 DMA at 1.4813 (strong support zone )

Resistance on the upside is seen at 1.5041 (Nov 18 highs) and then at 1.5080 (Nov 17 highs)

We find it good to buy dips around 1.4900, SL: 1.4810, TP: 1.52
Trade closed: target reached
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
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