Home ForexForecasts EUR/AUD: Continuation of the channel? | Invest.com

EUR/AUD: Continuation of the channel? | Invest.com

by SuperiorInvest

Bullish: We are currently at 1.6502 in a channel. We are looking for a continuation of the ATR target @ 1.6567 with the additional target in the 0.618 Fibonacci area @ 1.6578. Look at USDX for direction. The average daily true range (ATR) for the pair is 109 pips per day and its 90-day average is 118 pips per day. USDX is down.

EURAUD – continuation of the channel

EURAUD – continuation of the channel

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