| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Neutral | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
[ANNOUNCE]The common European currency declined by 1.00% against the Australian Dollar during last week's trading sessions. The currency pair reversed from the 1.5600 level on March 24.[/ANNOUNCE]
All things being equal, the exchange rate could continue to edge lower during the following trading sessions. The potential target for the EUR/AUD pair will be near the 1.5300 area.
However, a support cluster at the 1.5350 level could provide support for the currency exchange rate in the shorter term.