AUD,NZD/FXWW News/Technical Analysis/Trade Ideas

EUR/AUD technicals: Vital levels now at 1.4450/1.4750

  • Very important daily support at 1.4450 was severely tested yesterday, yet it held (see chart).
  • Topping formation is still relevant but prices will need to stay below 1.4750 for it to remain relevant (see chart).

Play the edges of this range and next medium-term bias will come from a break either side.

Leave a Reply

Your email address will not be published. Required fields are marked *