Currency pair analysis: EUR/AUD

EUR/AUD

The bulls are approaching the resistance level of 1.5746. The growth of the currency pair today amounted to 175 points with an average movement of 100 points. A bearish divergence is forming on the Awesome Oscillator, and the Stochastic Oscillator signals overbought conditions.

 

EUR/AUD rate online: monitor the price movement in real time.

Trading idea:

Sell from the level of 1.5746.

Stop Loss: 1.5800.

Target levels: 1.5650; 1.5580.

Author: GC
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