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10 Apr 2015
EUR/AUD: Steady on consolidation of heavy supply
FXStreet (Guatemala) - EUR/AUD is currently trading at 1.3854 with a high of 1.3864 and a low of 1.3839.
EUR/AUD cross moves along in a sideways drift consolidating the downside that is the April trend from the 1.44 handle and does not come as an appealing entry one way or the other as we head towards the closing hours of the Asian shift.
Feb Home loans are on the cards from Australia which is the last relevant domestic data for Australia until next weeks consumer confidence and labour market reports. Technically, 1.3820 guards MArch lows a cent lower and would go on to challenge March 2013 uptrend from 1.2280.
EUR/AUD cross moves along in a sideways drift consolidating the downside that is the April trend from the 1.44 handle and does not come as an appealing entry one way or the other as we head towards the closing hours of the Asian shift.
Feb Home loans are on the cards from Australia which is the last relevant domestic data for Australia until next weeks consumer confidence and labour market reports. Technically, 1.3820 guards MArch lows a cent lower and would go on to challenge March 2013 uptrend from 1.2280.