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

EUR/AUD: Topping formation negated; buy-dip proposition once again

Yesterday we had strong support at 1.4450 holding firm in EUR/AUD and today the prospective topping formation has been negated by the break back above 1.4750. Looks like a clear buy-dips proposition once again.

  1. sean I don’t like the bounce in aud/usd from lower levels and specially the kiwi is not reacting at all to the aussie bounce. I think we are heading down once US opens

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