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EURAUD

Euro / Australian Dollar (FX:EURAUD)  
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FX:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Technical Indicators EURAUD euraudlong Descending Channel channelbreak localsupport beyondtechnicalanalysis JTS
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trendanalysis chartpattern indicator euraud euraudlong descendingchannel channelbreak localsupport beyondtechnicalanalysis jts
EURAUD is trading in descending channel pattern and recently it seems like the sellers are bit exhausted now and bullish take the charge and has given breakout of the channel.
Currently the pair is forming support at 1.6550 level, and it seems like bulls are getting ready for another leg high.

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