FOREXEL

EURAUD - Next step is to wait for is the re-test

FX:EURAUD   Euro / Australian Dollar
37 0 4
Watching current price action to see if we will get a re-test of the old 1.4550 level. if it will hold then it will head for 1.47 - 1.48 to start with. If not then it will break 1.4550 easily and head for 1.45 at this stage (possibly even 1.44). With the Aussie weakening a lot lately it will be interesting to see. A lot of data this week so I keep my options open.
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