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28 Aug 2014
EUR/AUD bulls await further impetus
FXStreet (Guatemala) - EUR/AUD is trading at 1.4128, down -0.01% on the day, having posted a daily high at 1.4137 and low at 1.4125.
EUR/AUD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish. The EUR got a lift overnight and took the pair awau from the threat of the 1.40 handle while German import prices fell and GfK consumer confidence helped the EUR along as it remains close to its multi-year highs. From Australia, we get the Q2 Capex that is out at 01:30 GMT.
EUR/AUD levels
Spot is presently trading at 1.4128, and next resistance can be seen at 1.4131 (Hourly 20 EMA) and 1.4146 (Weekly Classic S1). Support below can be found at 1.4122 (Daily Classic S1), 1.4095 (Daily Classic S2) and 1.4078 (Weekly Classic S2).
EUR/AUD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish. The EUR got a lift overnight and took the pair awau from the threat of the 1.40 handle while German import prices fell and GfK consumer confidence helped the EUR along as it remains close to its multi-year highs. From Australia, we get the Q2 Capex that is out at 01:30 GMT.
EUR/AUD levels
Spot is presently trading at 1.4128, and next resistance can be seen at 1.4131 (Hourly 20 EMA) and 1.4146 (Weekly Classic S1). Support below can be found at 1.4122 (Daily Classic S1), 1.4095 (Daily Classic S2) and 1.4078 (Weekly Classic S2).