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25 Nov 2013
EUR/AUD retracing from 1.4793 highs?
FXstreet.com (Chicago) - EUR/AUD seems to be retracing from session highs and struggles to consolidate the 1.4740 front.
EUR/AUD Technical Levels
Price action reveals the pair is offered at 1.4742 and oscillates between the supports aligned at 1.4658 (September 1st lows), 1.4541 (October 3rd highs) ahead of 1.4433 (November 18th highs) and the resistances aligned at 1.4756 (August 30th lows), 1.48 (August 29th lows) followed by 1.4854 (August 30th highs). According to the FXstreet.com trend index on one-hour timeframe analysis, the pair is slightly bullish and navigates above the EMA20.
EUR/AUD Technical Levels
Price action reveals the pair is offered at 1.4742 and oscillates between the supports aligned at 1.4658 (September 1st lows), 1.4541 (October 3rd highs) ahead of 1.4433 (November 18th highs) and the resistances aligned at 1.4756 (August 30th lows), 1.48 (August 29th lows) followed by 1.4854 (August 30th highs). According to the FXstreet.com trend index on one-hour timeframe analysis, the pair is slightly bullish and navigates above the EMA20.