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EUR/AUD eyes 50% Fib of 1.1597-1.5831, widening yield spreads weigh

Source: Thomson Reuters EUR/AUD after rally above 1.40 stalls, yield spreads widen & weigh Solid Oz jobs data likely validates latest RBA rate hold Pair eyes 50% Fib of 1.1597-1.5831, close below bolsters a bear view RSI…

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EUR/AUD eyes 50% Fib of 1.1597-1.5831, widening yield spreads weigh
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Source: Thomson Reuters


  • EUR/AUD after rally above 1.40 stalls, yield spreads widen & weigh 

  • Solid Oz jobs data likely validates latest RBA rate hold

  • Pair eyes 50% Fib of 1.1597-1.5831, close below bolsters a bear view

  • RSIs across many time frames biased down, more bear fodder

  • Channel base (1.3430) & weekly lows near 1.3325/65 are bear targets

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