FX:EURAUD   Euro / Australian Dollar
This pair has been making very good and precise use of the Fibonacci supports and resistances. It was very indecisive from 2 days ago where price had consolidated on the 0.5 fib line. A strong bullish candlestick has now formed which shows bulls are ready to take over. A small retracement may happen before price continues upwards. On the 1 hour chart, MA's are touching, about to cross.