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EUR/AUD Opened -0.7%, as components moved in disparate directions on carry demand

Fall has extended 10pts in a tight data free Asian session Momentum studies crest, 5, 10 & 20 dma's conflict - Bolli's contract Neutral setup - 1.3991, 61.8% of Mar/Apr rise under pressure Close below Fibonacci would tar…

By Earlence Fernandes
1 min read
EUR/AUD Opened -0.7%, as components moved in disparate directions on carry demand
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  • Fall has extended 10pts in a tight data free Asian session

  • Momentum studies crest, 5, 10 & 20 dma's conflict - Bolli's contract

  • Neutral setup - 1.3991, 61.8% of Mar/Apr rise under pressure

  • Close below Fibonacci would target 1.3711 March low - earlier 1.4050 high res

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team