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Alexander_Harford
Aug 5, 2020 5:41 PM

EUR/AUD to range in the Resistance area then FALL! 

Euro Fx/Australian DollarFXCM

Description

As the Volatility widens for the EUR/AUD and the price has not really pulled back from the Resistance the fluctations in the area are expected in the nearest time. However , we can confirm the temporary local Support for the pair as during the last bounce from Support zone the Fibonacci 0.32 lvl was hold during the Uptrend hence the pair will range in that area.
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