7 Feb 2014
EUR/AUD rebounds, rises toward 1.5200
FXStreet (Córdoba) - The EUR/AUD on a swing day finished unchanged on Thursday at 1.5170/80, after rebounding near 1.5000; early in Asia remains steady ahead of the release of the RBA Monetary Policy Statement.
EUR/AUD falls and recovers
During yesterday’s Asian session the pair moved to the downside and before the decision of the ECB dropped to 1.5019, hitting the lowest price since in two months. During the press conference, Mario Draghi did not announced any actions, triggering a rally in the Euro across the board; EUR/AUD bounced to the upside and erased losses.
On American hours the EUR/AUD moved sideways, with resistance below 1.5200 and support at 1.5140, closing at 1.5170, with marginal losses.
EUR/AUD falls and recovers
During yesterday’s Asian session the pair moved to the downside and before the decision of the ECB dropped to 1.5019, hitting the lowest price since in two months. During the press conference, Mario Draghi did not announced any actions, triggering a rally in the Euro across the board; EUR/AUD bounced to the upside and erased losses.
On American hours the EUR/AUD moved sideways, with resistance below 1.5200 and support at 1.5140, closing at 1.5170, with marginal losses.