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.
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
Sean,
Have some ideas about EUR/AUD, we have a down trendline at 1.4145 (4H) ? This week, there were some ideas (FXWW888, you sent “FX Charts” link) which look for a entry level to short this cross. For now, It seems premature to short ???
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