Market Conditions for EURAUD as at Apr 06, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for Euro/Australian Dollar
Euro/Australian Dollar ProfileThe Euro/Australian Dollar (EUR/AUD) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. EUR is the base currency and AUD is the quote currency, meaning that 1 Euro was worth 1.7730 Australian Dollar at the end of the New York trading session on Monday, -1.65% less than at the previous close.
Technical Analysis Summary for April 6, 2020
Although EUR/AUD is currently in a short-term downtrend, this might just be a correction, as both the medium and long-term trends are still bullish. Monday's trading range has been 364 pips (2.02%), that's slightly below the last trading month's daily average range of 486 pips. Selling could speed up should prices move below the nearby swing low at 1.7677 where further sell stops might get triggered.
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