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EURAUD - Looking For Near-term Footing On Channel Support

DailyFX.com -

Talking Points:

  • EURAUD trading at 4-hr channel support, good risk/reward entry for long positions

  • Trade back below 14596 would negate this support

  • Resistance comes in at 14894 and 14977

EURAUD 4-hr:

EURAUD - Looking For Near-term Footing On Channel Support
EURAUD - Looking For Near-term Footing On Channel Support

--- Written by Paul Robinson, DailyFX Research

To contact Paul, you can email him at probinson@fxcm.com


original source

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
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