AUD,NZD/EUR crosses

EUR/AUD: No sign of bull trend to rest any-time soon

Local dealers report the hedge funds are still buying this pair and we’ve seen a quick 40 pip spike in the last few minutes of trade. The obvious medium-term topside target remains 1.3800 and dips are likely to be limited to 1.3250.

  1. exactly aussie and kiwi are getting butchered. will never touch the crosses again. i traded eur/nzd last week but they are so so volatile. better to stay apart

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