EUR Trading Outlook (26-04-2013)

TECHNICALS: I’m suggesting a broad 1.0260/1.0360 intraday range for the AUD/USD with moves primarily dependent on flows in the crosses like AUD/JPY, GBP/AUD and AUD/NZD. The charts (see chart) suggest that a base might be trying to form near 1.0220 but resistance should also be very firm at 1.0360 (Fibo and previous highs).

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