(1,4235) EUR/AUD is breaking below the support of the inside day it formed yesterday with 1,4490 – 1,4225 the levels to follow; a daily closing below the support will favour further weakness suggesting a return below 1,40!! However, the move up of the last few session aborted the S_H_S formation we suggested some time ago: anyhow we still favour lower levels toward 1,35!!
Read the full report: EURAUD 07.16
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