Published at 22:55 (GMT) 06 Sep

Chart EUR/AUD Update: Consolidation with bias towards downside (JEMC2601)

EUR/AUD Daily
Settled into near-term consolidation and the failure to clear the 1.4137 hurdle is exposing downside risk and slippage below 1.3990 will trigger renewed weakness and expose lower support at 1.3955 then 1.3920. Above 1.4137 will signal room for corrective upmove to 1.4225.

R5: 1.4335 * 31 Aug high
R4: 1.4265 * Down trendline fr 19/7 high
R3: 1.4225 1 Sep high
R2: 1.4137 3 Sep high
R1: 1.4100 6 Sep high

S1: 1.4015 6 Sep low
S2: 1.3990 3 Sep low
S3: 1.3955 * 22 Jun low
S4: 1.3920 ** 14 May low
S5: 1.3900 figure