AUD,NZD/EUR/USD/Technical Analysis

EUR/AUD technicals: Resistance looming at 55-day MA

     The short-term charts look bullish after the break above 1.2420 but there is resistance looming at the 55-day MA near 1.2460, which has proven to be a reliable indicator in recent times.

  1. Cheers Pete, it’s been a bit of a struggle these last few months trying to find some decent trades but all we can do is keep probing away until we strike it lucky 🙂

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