2 Jul 2014
EUR/AUD leaves 1.44 behind on Aussie trade data
FXStreet (Guatemala) - EUR/AUD is trading at 1.4451, up 0.35% on the day, having posted a daily high at 1.4460 and low at 1.4400.
EUR/AUD rallied in an extension away from the 1.44 handle to meet 1.4460 as the high when the the Australian trade balance (May) came in at -1,911M vs -122M last and disappointed markets. Exports were, (May) at -5% vs -1% last, while imports (May) stood at -1% vs +2% last. See here for key points. At the time of writing, RSI is neutral at 75.78, up from 39.38 at the last hour close.
EUR/AUD Levels
Spot is presently trading at 1.4453, and next resistance can be seen at 1.4460 (Daily High), 1.4471 (Weekly Classic PP), 1.4477 (Hourly 200 SMA), 1.4478 (Hourly 100 SMA) and 1.4498 (Daily Classic R1). Support below can be found at 1.4448 (Daily Classic PP), 1.4436 (Hourly 20 EMA), 1.4403 (Weekly Low), 1.4402 (Daily Open) and 1.4400 (Daily Low).
EUR/AUD rallied in an extension away from the 1.44 handle to meet 1.4460 as the high when the the Australian trade balance (May) came in at -1,911M vs -122M last and disappointed markets. Exports were, (May) at -5% vs -1% last, while imports (May) stood at -1% vs +2% last. See here for key points. At the time of writing, RSI is neutral at 75.78, up from 39.38 at the last hour close.
EUR/AUD Levels
Spot is presently trading at 1.4453, and next resistance can be seen at 1.4460 (Daily High), 1.4471 (Weekly Classic PP), 1.4477 (Hourly 200 SMA), 1.4478 (Hourly 100 SMA) and 1.4498 (Daily Classic R1). Support below can be found at 1.4448 (Daily Classic PP), 1.4436 (Hourly 20 EMA), 1.4403 (Weekly Low), 1.4402 (Daily Open) and 1.4400 (Daily Low).