Tuesday, 3 February 2015

Forex - Chart EUR/AUD Update: Focus turning towards upside

04::32 GMT - Sharp intraday move above 1.4670 hurdle with the positive stance seen on daily tools reviving the upmove from 1.3966 low and shifting focus higher to the 61.8% mark of the 1.5333-1.3966 down-leg at 1.4811 and break will be an added boost on the upside dips from here to attract buyers. [W.T]
R5: 1.5020 29 Dec high
R4: 1.4990 24 Dec low
R3: 1.4962 * 22 Dec low
R2: 1.4872 * 5 Jan high
R1: 1.4811 * 61.8% of 1.5333-1.3966 drop


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