EUR Trading Outlook (18-04-2014)
The AUD: More bids staggered down from 0.9310 to 0.9245 but technical point noted bounce off underside of weekly cloud last week initimates weakness. For now, Current support of 0.9290-0.9310 havn’t been tested yet, a break below there will lead more bears jump in.
EUR/USD: EUR finished up the Noram sessione ssentially at the same price as the day before (1.3815), complteing a round trip to a high of 1.3865. With better U.S data and more Euro QE program, bears were only able to do some scratches on the EUR.
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