Back
3 Jul 2014
EUR/AUD takes to the moon
FXStreet (Guatemala) - EUR/AUD is trading at 1.4545, up 0.53% on the day, having posted a daily high at 1.4567 and low at 1.4460.
On the back of Stevens’s comments, EUR/AUD has taken to the moon. AUD is overvalued and he gave a very bearish outlook. Slightly over done here though, currently RSI is at 87.57, up from the last hourly print at 77.84. But retails sales only personified the bear run on the Aussie coming in below consensus at -0.5%. Read more on Retail's here.
EUR/AUD Levels
Current price is 1.4545, with resistance ahead at 1.4564 (Daily High), 1.4579 (Daily Classic R3), 1.4645 (Weekly Classic R2) and 1.4708 (Monthly High). Next support to the downside can be found at 1.4531 (Daily Classic R2), 1.4515 (Weekly High), 1.4505 (Daily 20 SMA), 1.4497 (Daily Classic R1) and 1.4482 (Yesterday's High).
On the back of Stevens’s comments, EUR/AUD has taken to the moon. AUD is overvalued and he gave a very bearish outlook. Slightly over done here though, currently RSI is at 87.57, up from the last hourly print at 77.84. But retails sales only personified the bear run on the Aussie coming in below consensus at -0.5%. Read more on Retail's here.
EUR/AUD Levels
Current price is 1.4545, with resistance ahead at 1.4564 (Daily High), 1.4579 (Daily Classic R3), 1.4645 (Weekly Classic R2) and 1.4708 (Monthly High). Next support to the downside can be found at 1.4531 (Daily Classic R2), 1.4515 (Weekly High), 1.4505 (Daily 20 SMA), 1.4497 (Daily Classic R1) and 1.4482 (Yesterday's High).