EUR/AUD Weekly Outlook

EUR/AUD’s decline from 1.6617 continued last week and there is no clear sign of bottoming. Initial bias stays on the downside this week. Decisive break of 1.6108 low will will resume the whole down trend from 1.8554 high. Next target is 1.5359 projection level. On the upside, above 1.6251 minor resistance will delay the bearish […] The post EUR/AUD Weekly Outlook appeared first on ActionForex.