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I anticipate this pair EUR AUD have bullish course
.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.
Eur/Aud
Resistance level
1.Resistance level 1.6870
2.Resistance level 1.6890
3.Resistance level 1.6910
Supporting level
1.Supporting level 1.6830
2.Supporting level 1.6810
3.Supporting level 1.6790
EUR/AUD Exchange Rate - FXStreet
EUR/AUD is the abbreviation for the Euro and Australian Dollar pair. It shows how much the EUR (base currency) is worth as measured against the AUD (counter currency). For example, EUR/AUD = 1.4203 indicates that one Euro can buy 1.4203 Australian Dollars.
EUR/AUD (Euro to Australian Dollar) - Live Charts, News & Forecast
Get your FREE Euro to Australian Dollar (EUR /AUD) live streaming and up-to-date data, quotes & prices, charts, rates, analysis ...
Today pair<><><>EURAUD
Market Trend <><><>Bullish
Supporting <>1.6099
Supporting <>1.6087
Supporting <>1.6080
Resistance <>1.6118
Resistance <>1.6124
Resistance <>1.6138
Eur/Aud
Market trend= BUY
Pivot point= 1.6040
Supporting = 1.6006
Supporting = 1.5981
Supporting = 1.5949
Resistance= 1.6070
Resistance= 1.6090
Resistance= 1.6127
Eur/Aud
EUR/AUD 4H Chart: Could make brief upside retracement
The EUR/AUD exchange rate has continued to edged lower during the past few weeks. The currency pair has declined by 1.97% in value since the middle of December.
All things being equal, the single European currency will likely continue to decline against the Australian Dollar during this week's trading sessions. The potential target will be at the 1.5861 area.
The Australian Dollar continued to plunge on Tuesday as speculators took profits. Further driving prices lower were the bushfires that have wreaked havoc on the environment and wildlife, while driving people from their homes and increasing risks to the economy.
The attempt to manage the fires has been costly, and thus the Aussie economy has taken a hit. The tourism industry in particular has been devastated. Traders are also pricing in the possibility of a near-term rate cut by the Reserve Bank of Australia.
At 09:38 GMT, the AUD/USD is trading .6893, down 0.0050 or -0.70%.
Get the latest market information about the EUR/AUD pair including EUR AUD Live Rate, News, Euro and Australian Dollar Forecast and ...
EUR/AUD Exchange Rate - FXStreet
EUR/AUD is the abbreviation for the Euro and Australian Dollar pair. It shows how much the EUR (base currency) is worth as measured against the AUD (counter currency). For example, EUR/AUD = 1.4203 indicates that one Euro can buy 1.4203 Australian Dollars.
predictions for the day.
trading is risky if no analysis is done
EUR/AUD - is the currency pair we will be focusing on
major low levels also known as supports 1.6209
major high levels also known as resistance - 1.6242
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1.6237
This currency name - EUR/AUD
Resistance and Target - 1.6264
Support and Stop Loss - 1.6210
Always follow Long time frame market trend.
Signal is Sell.