Comments on: EUR/AUD: Looking to sell rallies towards 1.4460 https://fxww.com/euraud-looking-to-sell-rallies-towards-1-4460/ The Professional Source Wed, 25 Sep 2013 20:36:49 +0000 hourly 1 By: Mike https://fxww.com/euraud-looking-to-sell-rallies-towards-1-4460/#comment-30116 Wed, 25 Sep 2013 20:36:49 +0000 http://381c099c8f.nxcli.net/?p=10691#comment-30116 In reply to Sean Lee.

Thank you Sean for the reply.
But how would you view RBA’s stance on their report/meeting that they regard AUD as high and continue to indicate that they want a lower Australian dollar?

]]> By: Sean Lee https://fxww.com/euraud-looking-to-sell-rallies-towards-1-4460/#comment-30090 Wed, 25 Sep 2013 05:59:58 +0000 http://381c099c8f.nxcli.net/?p=10691#comment-30090 Hi Bogdan, I find it hard to be bullish on EUR/CHF. Intervention never works. The SNB cannot hold it forever and their very presence distorts the market. We’ve been trading within 5% of the ‘floor’ for 2 years now; this can’t go on forever.
Short-term I’ve got very little idea and prefer to concentrate my energies elsewhere. Sorry not much help.

]]> By: Bogdan https://fxww.com/euraud-looking-to-sell-rallies-towards-1-4460/#comment-30088 Wed, 25 Sep 2013 05:53:05 +0000 http://381c099c8f.nxcli.net/?p=10691#comment-30088 Hi Sean,

Regarding EUR weakness, how do you see EUR/CHF?
I saw your post yesterday about following EUR/JPY’s course, potential targeting 1.2215, but, it is possible to see it dragged up by USD/CHF due to a downside in EUR/USD?
hoping to be coherent 🙂
Regards,
Bogdan

]]> By: Sean Lee https://fxww.com/euraud-looking-to-sell-rallies-towards-1-4460/#comment-30080 Wed, 25 Sep 2013 03:56:54 +0000 http://381c099c8f.nxcli.net/?p=10691#comment-30080 Yes Mike, I do. I think we will enter a phase of EUR weakness in next few months as mkt focus returns to EZ banking issues. I think we will see this pair trading back 135/138

]]> By: Mike https://fxww.com/euraud-looking-to-sell-rallies-towards-1-4460/#comment-30065 Tue, 24 Sep 2013 20:18:11 +0000 http://381c099c8f.nxcli.net/?p=10691#comment-30065 Hi Sean,
I am following your insights in AUD. Do you think this pair (EUR/AUD) will go down further below1.42 (Sept 19 low – 1.4193)?

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