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EUR/AUD neutral setup, but the end of four days of lower highs is a positive

Soft China trade data and World Bank also cuts China's growth Cross gently bid then jumped 80 pts on news, as AUD was slipped Negative momentum studies based on 5, 10 & 20 dma Support at 1.3784 and resistance at 1.4030

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EUR/AUD neutral setup, but the end of four days of lower highs is a positive
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  • Soft China trade data and World Bank also cuts China's growth

  • Cross gently bid then jumped 80 pts on news, as AUD was slipped

  • Negative momentum studies based on 5, 10 & 20 dma

  • Support at 1.3784 and resistance at 1.4030

 

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