Wed, 31 Oct 2012 20:33:02 GMT
EUR/AUD gradually approaching monthly R1
Today the EUR/AUD currency pair experienced another slight bullish correction, and at the particular moment the currency couple is gradually approaching the monthly R1 at 1.2555, which might slow down the prevailing rally, however, if the support level is breached, then the price is very likely to advance even further until the 20-day SMA at 1.2584, which in turn will