On the monthly chart, the EURAUD has broken the downward trendline, it is currently in bullish territory. Any drop or dip or retracement should see the pair rising higher.
The daily chart is already showing a very bearish situation, this is due to the general Euro weakness, after ECB's last statement. I am expecting the euro to recover and the possible resistance areas have been marked on the chart below.
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original