Comments on: EUR/AUD macro view: Bullish weekly close https://fxww.com/euraud-macro-view-bullish-weekly-close/ The Professional Source Sun, 14 Jul 2013 08:26:03 +0000 hourly 1 By: SFellner https://fxww.com/euraud-macro-view-bullish-weekly-close/#comment-24800 Sun, 14 Jul 2013 08:26:03 +0000 http://381c099c8f.nxcli.net/?p=9444#comment-24800 My son is going to Europe next month and he was asking me when to buy euros and we were both pretty happy to catch the lowest rates in EUR/NZD around 1.62 before it went straight up along with EUR/AUD. You could be right and we could get back into a range again but with AUD/USD it also depends on USD strength, doesn’t it? I sold it on Friday evening when it looked like 90c is under serious threat but took the profits right on the figure.

I am short USD/JPY – so I hope that AUD/USD will find a bottom at least for the immediate future. It might dip down under 90c again come Monday morning but hopefully a nice short covering rally will follow 🙂

]]> By: Pete https://fxww.com/euraud-macro-view-bullish-weekly-close/#comment-24799 Sun, 14 Jul 2013 07:51:19 +0000 http://381c099c8f.nxcli.net/?p=9444#comment-24799 Hi Sean this looks worrying for aud bulls. After Friday’s night euraud bullish close and 1 pip tripping of 0.9000 for aud/usd, do you still think that aud can go back up to at least 0.965 levels from here? Or that has become elusive and we see lower levels from here. Thanks.

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