Technical view
EUR/AUD today touched big trendline witch represent uptrend that started in February 2017. In marked red area I will look up for buy opportunity. My SL will be placed at 1.6060, green lines represent TP points and more important they area of ressistance.
Fundamental view
This week on Thursday we are expecting ECB Meeting and Mario Draghi speech.Statment of Mario Draghi about fourther Interest Rate cuts will be very imortant for Euro. With lately indecision of RBA Australian`s Central Bank we could see some retracment on this pair.
EUR/AUD today touched big trendline witch represent uptrend that started in February 2017. In marked red area I will look up for buy opportunity. My SL will be placed at 1.6060, green lines represent TP points and more important they area of ressistance.
Fundamental view
This week on Thursday we are expecting ECB Meeting and Mario Draghi speech.Statment of Mario Draghi about fourther Interest Rate cuts will be very imortant for Euro. With lately indecision of RBA Australian`s Central Bank we could see some retracment on this pair.