EURAUD - H1 Forecast
Euro Aussie is setting up for a great long opportunity.
As discussed earlier this week, the Australian Dollar has been tumbling down due to the nations pre-election period. On a technical basis Euro bulls are keeping the pair above major support at 1.61940. What looks to be a bull flag forming, points us in favor of a break out targeting price area of 1.62740.
As discussed earlier this week, the Australian Dollar has been tumbling down due to the nations pre-election period. On a technical basis Euro bulls are keeping the pair above major support at 1.61940. What looks to be a bull flag forming, points us in favor of a break out targeting price area of 1.62740.
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