CapMoore

Breaking Below Important 1,42 Support. Exposing 1,38

FX:EURAUD   Euro Fx/Australian Dollar
14 0 0
Price is breaking below the important 1,42 level which was the
61,8 fib of the aug 2012/feb 2014 swing and multiple bottoms
horizontal support. Now exposing Yearly S1 at 1,38 right
at previous swing low from sep 2014, and just above that
level the long term trendline. The break should be regarded
on a day closing basis of course.
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