Tue, 30 Jun 2015 06:56:04 GMT
EUR/AUD 4H Chart: Channel Down
For the time being EUR/AUD is trading within the boundaries of a bearish channel. Accordingly, we expect the currency pair to bounce off the nearby resistance trend-line and pursue an encounter with the lower trend-line at 1.4350.However, even though the signals are weak, there are a few indicators that are currently pointing north. If the sell-off is not triggered and