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3 Jul 2014
EUR/AUD constructive, looking for a good close
FXStreet (Guatemala) - EUR/AUD is trading at 1.4473, up 0.06% on the day, having posted a daily high at 1.4480 and low at 1.4460.
EUR/AUD has settled in for a 20 pip range, more or less, throughout the US session and is attempting the topside of this channel in Asia but lacks impetus, perhaps until we hear from Stevens later on, which could go either way. The move however from the depths of yesterdays business on the 1.44 handle looks constructive if only it can manage a close above 1.4480 with eyes for the psychological 1.45 handle.
EUR/AUD Levels
Spot is presently trading at 1.4474, and next resistance can be seen at 1.4480 (Daily High), 1.4482 (Yesterday's High), 1.4498 (Daily Classic R1) and 1.4509 (Daily 20 SMA). Next support to the downside can be found at 1.4473 (Hourly 100 SMA), 1.4471 (Weekly Classic PP), 1.4464 (Daily Open), 1.4460 (Daily Low) and (Hourly 20 EMA).
EUR/AUD has settled in for a 20 pip range, more or less, throughout the US session and is attempting the topside of this channel in Asia but lacks impetus, perhaps until we hear from Stevens later on, which could go either way. The move however from the depths of yesterdays business on the 1.44 handle looks constructive if only it can manage a close above 1.4480 with eyes for the psychological 1.45 handle.
EUR/AUD Levels
Spot is presently trading at 1.4474, and next resistance can be seen at 1.4480 (Daily High), 1.4482 (Yesterday's High), 1.4498 (Daily Classic R1) and 1.4509 (Daily 20 SMA). Next support to the downside can be found at 1.4473 (Hourly 100 SMA), 1.4471 (Weekly Classic PP), 1.4464 (Daily Open), 1.4460 (Daily Low) and (Hourly 20 EMA).