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  • $EURUSD hit a fresh seven day low around 1.2100 as the pair weakened by over 50 pips this morning. $EUR $USD https://t.co/6mDFhiCzfx
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  • Forex Update: As of 13:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: -0.13% 🇬🇧GBP: -0.23% 🇯🇵JPY: -0.27% 🇨🇦CAD: -0.49% 🇳🇿NZD: -0.63% 🇦🇺AUD: -0.68% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/yBfBgYbQJ9
EUR/AUD

EUR/AUD

Thomas Long, Course Instructor

A move down through that support level would represent a new 21 year low and confirmation of the downtrend. Traders can either look for selling opportunities now based on the selling pressure since the May 21st high or wait for that break down through support to enter into a new sell position.

euraud 623

 

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