The EUR / AUD yesterday approved a yield higher than 1.23.
The course is testing resistance at 1.24.
The course is still below its long-term downward slant (purple line on the graph).
Indicators are now generally bullish.
We will remain neutral on the parity that the course is between 1.23 and 1.24.
We advise you to go / not to process more than the positions in the direction of the output of this range of quotations:
- Long if price falls upward of 1.24.
The break in the increase of 1.2450, then 1.25, then offer new buy signals.
- Short stays 1.23 if the price drops.
The break 1.2250, then 1.22, then offer new sell signals.
The course is testing resistance at 1.24.
The course is still below its long-term downward slant (purple line on the graph).
Indicators are now generally bullish.
We will remain neutral on the parity that the course is between 1.23 and 1.24.
We advise you to go / not to process more than the positions in the direction of the output of this range of quotations:
- Long if price falls upward of 1.24.
The break in the increase of 1.2450, then 1.25, then offer new buy signals.
- Short stays 1.23 if the price drops.
The break 1.2250, then 1.22, then offer new sell signals.
