10 Apr 2014
EUR/AUD dumps on positive data for AUD
FXStreet (Guatemala) - Currently, EUR/AUD is trading at 1.4689, down -0.44% on the day, having posted a daily high at 1.4786 and low at 1.4680.
EUR/AUD collapsed to test the 1.47 handle and has breached this scoring the low 1.4680 so far post the surprise that came from a strong labour market in Australian data.
Daily RSI sits at 32.87, in neutral territory
Looking to momentum indicators, the hourly 200 SMA is currently at 1.4755, down from the last close at 1.4839 and declining. Over the past 20 days, the exponential average closing price is 1.4973, and trending lower.
EUR/AUD Levels
Current price is 1.4690, with resistance ahead at 1.4690 (Yesterday's Low), 1.4701 (Daily Classic S1), 1.4739 (Monthly Low), 1.4739 (Weekly Low) and 1.4739 (YTD Low). Next support to the downside can be found at 1.4680 (Daily Low), 1.4648 (Daily Classic S2), 1.4639 (Weekly Classic S1), 1.4605 (Daily Classic S3) and 1.4532 (Weekly Classic S2).
EUR/AUD collapsed to test the 1.47 handle and has breached this scoring the low 1.4680 so far post the surprise that came from a strong labour market in Australian data.
Daily RSI sits at 32.87, in neutral territory
Looking to momentum indicators, the hourly 200 SMA is currently at 1.4755, down from the last close at 1.4839 and declining. Over the past 20 days, the exponential average closing price is 1.4973, and trending lower.
EUR/AUD Levels
Current price is 1.4690, with resistance ahead at 1.4690 (Yesterday's Low), 1.4701 (Daily Classic S1), 1.4739 (Monthly Low), 1.4739 (Weekly Low) and 1.4739 (YTD Low). Next support to the downside can be found at 1.4680 (Daily Low), 1.4648 (Daily Classic S2), 1.4639 (Weekly Classic S1), 1.4605 (Daily Classic S3) and 1.4532 (Weekly Classic S2).