Charts: 4Hours ,1 Day,1Week.
Indicators: Fibonacci Fan Lines on 4 H, 1Day,1Week Time Frame;Support & Resistance Levels,EMA200.
Current Level : 1.4440.
EUR/AUD has formed a large bullish trend starting April and until 28th August when it reached a major resistance at (1.5058) level beeing also the fibonacci fan line 58.00 , from which began retracing as can be seen from the charts below.I predict that recent interest rate cut by RBA will strengthen even more the Australian Dollar and will …
Indicators: Fibonacci Fan Lines on 4 H, 1Day,1Week Time Frame;Support & Resistance Levels,EMA200.
Current Level : 1.4440.
EUR/AUD has formed a large bullish trend starting April and until 28th August when it reached a major resistance at (1.5058) level beeing also the fibonacci fan line 58.00 , from which began retracing as can be seen from the charts below.I predict that recent interest rate cut by RBA will strengthen even more the Australian Dollar and will …