Chart of the Day - EURAUD - 16th September 2019

The EURAUD may show signs of weakness

Today we will take a look at the EURAUD and note we have come down to the 200 day moving average around the 1.6059 area. Price in the previous week held the crucial level of 1.59 and the pair is currently attempting to hold the 1.6069 area.

But the 4 hour chart has broken 1.6069 and if it closed below we could see a retest of 1.59 area.

  • Facebook - Black Circle
  • Twitter - Black Circle
  • Instagram - Black Circle
  • YouTube - Black Circle

Kings Place, 90 York Way, London N1 9AG 

© 2019 by SCT Limited