Fri, 21 Sep 2012 18:29:11 GMT
EUR/AUD reaches monthly R1 at 1.2404
The downtrend, which started three days ago, managed to continue, and today the EUR/AUD currency couple has already breached the 200-day SMA, and at the particular moment the price is about to test the weekly R1 at 1.2392,which is likely to bring some bullish impulse, however, if it fails to stop the movement downwards, then the price might reach the