EUR/AUD mark: 1.51699
Forecast: sideline / hold on
H4 Key points:
Resistance: 1.53750
1st support: 1.51000
Floor: 1.49680
Decision area: circle area (see chart)
As has been happening with any cross with Euro, EUR/AUD is also showing a bearish moment of European currency. Despite that we should evaluate different scenarios for different EUR counterpart. Because they have life: their own behaviour and realities of course.
Stay off this currency if the price is in the decision area. Wait for a clea…