Euraud trend

There is not one single trend for any instrument at any moment, it depends on the trader's perspective.

What time-frame? What's your strategy?
 
So its Down then.

Seems to be reaching for significant support at 1.5600.

Long-term trend is bullish. Other EUR-based pairs also bullish, while most AUD (and CAD) pairs bearish.
 
So its Down then.

Seems to be reaching for significant support at 1.5600.

Long-term trend is bullish. Other EUR-based pairs also bullish, while most AUD (and CAD) pairs bearish.

The is a support @ 1.5646, currently trending upward with eur the stronger of the pair for now!
 
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