Fri, 27 Jan 2017 09:08:57 GMT
EUR/AUD 1H Chart: Channel Down
Even though it looked like EUR/AUD was trading inside the bounds of a solid senior channel up pattern yesterday, the pair has now sketched a channel down around the latest wave south and appears to be unlikely to still give in to the senior channel lines. Following the bounce from the upper boundary, we will look for tests of 1.4171,