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5 Jun 2014
EUR/AUD holds in 1.46 territory again
FXStreet (Guatemala) - EUR/AUD is trading at 1.4615, down -0.29% on the day, having posted a daily high at 1.4689 and low at 1.4511.
EUR/AUD is haloing onto the 1.46 handle still while markets attention turned away from the Australian economy and activity in Asia and onto ECB mode. Analysts a RBS explained, “The Governing Council lowered the main refinancing rate and deposit rate by 10 basis points (a little less than we expected) and the rate on the marginal lending facility by 35 basis points to create a symmetric corridor of a quarter of a percentage point either side of the main refinancing rate”.
EUR/AUD Levels
Current price is 1.4617, with resistance ahead at 1.4626 (Daily Classic S1), 1.4636 (Hourly 20 EMA), 1.4641 (Yesterday's Low), 1.4658 (Daily Open) and 1.4668 (Weekly Classic PP). Next support to the downside can be found at 1.4615 (Monthly Low), 1.4615 (Weekly Low), 1.4615 (YTD Low), 1.4595 (Daily Classic S2) and 1.4558 (Weekly Classic S1).
EUR/AUD is haloing onto the 1.46 handle still while markets attention turned away from the Australian economy and activity in Asia and onto ECB mode. Analysts a RBS explained, “The Governing Council lowered the main refinancing rate and deposit rate by 10 basis points (a little less than we expected) and the rate on the marginal lending facility by 35 basis points to create a symmetric corridor of a quarter of a percentage point either side of the main refinancing rate”.
EUR/AUD Levels
Current price is 1.4617, with resistance ahead at 1.4626 (Daily Classic S1), 1.4636 (Hourly 20 EMA), 1.4641 (Yesterday's Low), 1.4658 (Daily Open) and 1.4668 (Weekly Classic PP). Next support to the downside can be found at 1.4615 (Monthly Low), 1.4615 (Weekly Low), 1.4615 (YTD Low), 1.4595 (Daily Classic S2) and 1.4558 (Weekly Classic S1).