The trend and momentum indicates EURAUD is expected to be upward for a coming week, possibly by trend reversal against last Dec.
AUD is considered sensitive to oil prices, and it could easily jump due to the oil price jumping.
Monday 5 January 2015
EURAUD trend & momentum 5-Jan-2015
A new year's market has started with strong USD. AUD has been bullish, too, against other major currencies such as GBP, EUR or JPY by the end of 2014.
The trend and momentum indicates EURAUD is expected to be upward for a coming week, possibly by trend reversal against last Dec.
AUD is considered sensitive to oil prices, and it could easily jump due to the oil price jumping.
The trend and momentum indicates EURAUD is expected to be upward for a coming week, possibly by trend reversal against last Dec.
AUD is considered sensitive to oil prices, and it could easily jump due to the oil price jumping.
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