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24 Dec 2014
EUR/AUD steadies in a lacklustre Asian session
FXStreet (Mumbai) - The single currency lost ground against the Australian dollar, after a brief reversal seen yesterday as dollar bulls took a back seat against the Aussie.
Currently, the AUD/USD pair is seen trading up at 0.8109 levels, which pushed EUR/AUD lower by 0.07% to 1.5017 levels. The EUR/AUD pair remains lower as long as the Aussie holds higher against the greenback. The AUD/USD pair recovered from fresh five years lows hit against the US dollar in the previous session.
EUR/AUD Technical Levels
The pair has an immediate resistance at 1.5086 (10-DMA) levels, above which gains could be extended to 1.5130 (Dec 23 High) levels. On the flip side, support is seen at 1.5 levels, from here it to 1.4968 (20-DMA) levels.
Currently, the AUD/USD pair is seen trading up at 0.8109 levels, which pushed EUR/AUD lower by 0.07% to 1.5017 levels. The EUR/AUD pair remains lower as long as the Aussie holds higher against the greenback. The AUD/USD pair recovered from fresh five years lows hit against the US dollar in the previous session.
EUR/AUD Technical Levels
The pair has an immediate resistance at 1.5086 (10-DMA) levels, above which gains could be extended to 1.5130 (Dec 23 High) levels. On the flip side, support is seen at 1.5 levels, from here it to 1.4968 (20-DMA) levels.