21 May 2015
EUR/AUD fails to hold above 1.4100
FXStreet (Córdoba) - The euro failed to hold to gains and above 1.4100 against the aussie and is about to end the day flat. EUR/AUD peaked during the European session at 1.4166, a 2-day high but then a weak euro pushed the pair to the downside.
Currently is trading slightly below 1.4100, around the same level it closed yesterday. On the positive side for the bullish outlook in the short term, the pair continued to reach higher lows and highs.
EUR/AUD technical levels
To the upside, resistance levels could be located at 1.4135 (intraday), 1.4160 (daily high) and 1.4210. On the opposite side, support levels might lie at 1.4060, 1.4040 (daily low) and 1.4000/10 (May 20 low).
Currently is trading slightly below 1.4100, around the same level it closed yesterday. On the positive side for the bullish outlook in the short term, the pair continued to reach higher lows and highs.
EUR/AUD technical levels
To the upside, resistance levels could be located at 1.4135 (intraday), 1.4160 (daily high) and 1.4210. On the opposite side, support levels might lie at 1.4060, 1.4040 (daily low) and 1.4000/10 (May 20 low).