EUR Trading Outlook (01-11-2013)

The market is looking to test hourly lows near .9440 and the next AUD/USD support levels below there are at .9420 and .9390 (see chart). The medium-term trend is bullish but the short term trend is bearish. I still have a strong bias towards buying-big-dips but with no sign of any short term base emerging, I will need to stay patient. Resistance levels are now strengthening at .9520/30.

Back to EUR Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.