Fundamental data from Australia showing home loans fall unexpectedly by almost 8% bring risk aversion back to the table. Euro remains the weaker currency across the board, and approaching to 1.3570/80 support zone. Again under that level, pair likely to extend the fall to the 1.3530 area ahead of 1.3485 key support.
Upside should remain capped by the 1.3610/40 area and only clear acceleration above that leve, not seen at this point, could reverse pair trend.
Upside should remain capped by the 1.3610/40 area and only clear acceleration above that leve, not seen at this point, could reverse pair trend.
