Wed, 02 Nov 2016 10:51:58 GMT
EUR/AUD 4H Chart: Channel Up
As the Aussie trades against other currencies in a triangle pattern on a larger scale, the EUR/AUD exchange rate is an interesting and quite unclear case. A few weeks ago the rate seemed to have broken out of the descending triangle pattern. However, the rate rebounded on October 26 due to fundamental data, as the US election shook the markets,