The EUR/AUD pair is at 1.5738 in a well-defined wedge, which is bearish. We are looking for this to continue to the support area at 1.5627 with an overall target at 1.3215678. The average daily true range (ATR) for the pair currently is 246 pips.
The EUR/AUD pair is at 1.5738 in a well-defined wedge, which is bearish. We are looking for this to continue to the support area at 1.5627 with an overall target at 1.3215678. The average daily true range (ATR) for the pair currently is 246 pips.