Tag Archives: eur/aud

EUR/AUD, 1100 pips in 3 steps!

I was pointed at this potential developmlent in my EUR/AUD analysis from November 26., two days after triple bottom at ‘step 2’. This is why I love technical analysis, everything was clear if you have enough patience. EUR/AUD reached 1.5300 or 1100 pips in a month. USD/AUD fall help this pair to reach this level, because euro alone wasn’t strong enough, but

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EUR/AUD, 'consolidation' between 1.42 and 1.47!

After September 12., EUR/AUD is moving between 1.42 and 1.47., literally in a few pips with support/resistance levels. After several days of wild roaler coaster, triple bottom at 1.4200 boost the pair up strongly, and finaly catch 1.47 today, for the second time in this two months period. For now, the pair is rejected again from 1.47 and slightly slide back to 1.4640/50,

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