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amoktan

EURAUD (possible lower to 1.58 if 1.6 is broken)

Euro / Australian Dollar (FX:EURAUD)  
amoktan Updated   
FX:EURAUD   Euro / Australian Dollar
Trend Analysis EURAUD
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trendanalysis euraud
China US looks like it's on positive foot. This pair at bounced off october low, could potentially go lower to 1.58 should it break and close 1.6, once broken look to short. On the other side, plenty of AUD data coming, AUD economy not doing too well, so it could potentially move higher and once the data noise is done, it could start moving lower on positive China US trade.

Comment:
snapshot

Repeat of Nov?
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