Forex - Chart EUR/AUD Update: Bears stretching decline


Published at 05:31 (GMT) 1 Sept

  

Chart EUR/AUD Update: Bears stretching decline (UHCC7401)

01 Sep EUR/AUD Daily

05::23 GMT - Despite the marginal move below 1.4050 support during intraday trade, oversold daily technical tools is making bears wary of pushing lower at current depth with intermittent rebound expected. Lift above 1.4134 hurdle will inspire stronger rebound. [W.T]
R5: 1.4157 27 Aug high
R4: 1.4147 28 Aug high
R3: 1.4134 29 Aug high
R2: 1.4114 intraday level
R1: 1.4092 intraday level

S1: 1.4000 figure
S2: 1.3900 figure
S3: 1.3865 * 10 Jul 2013 low
S4: 1.3812 * 14 Jun 2013 low
S5: 1.3800 7 Jun2013 low

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