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EUR/USD Returns to Weekly Highs - Is EUR/AUD Next to Follow?

By , Currency Strategist
13 February 2014 13:25 GMT

Talking Points:

- EURUSD turns positive on the week.

- EURAUD jumps through first hurdle in falling wedge.

- Contructive price action in EURAUD as key low holds.

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The Euro took a spill yesterday, but all the losses have been quickly wiped out this morning. Now, the EURUSD and EURAUD are back at short-term resistance levels.

--- Written by Christopher Vecchio, Currency Analyst

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13 February 2014 13:25 GMT