3 Feb 2015
EUR/AUD focus turning to the upside – FXMarketAlerts
FXStreet (Barcelona) - The FXMarketAlerts Team gives the technical outlook for EUR/AUD, with the pair making a sharp move to the upside, breaking above 1.4670 levels.
Key Quotes
“Sharp intraday move above 1.4670 hurdle with the positive stance seen on daily tools reviving the upmove from 1.3966 low and shifting focus higher to the 61.8% mark of the 1.5333-1.3966 down-leg at 1.4811 and break will be an added boost on the upside dips from here to attract buyers.”
Key Quotes
“Sharp intraday move above 1.4670 hurdle with the positive stance seen on daily tools reviving the upmove from 1.3966 low and shifting focus higher to the 61.8% mark of the 1.5333-1.3966 down-leg at 1.4811 and break will be an added boost on the upside dips from here to attract buyers.”