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EUR/AUD Sits Just Above Multi-Decade Low

EUR/AUD Sits Just Above Multi-Decade Low

Thomas Long, Course Instructor

This current downtrend of this pair started in late 2008 and continues through to today. I would continue to look for sells as long as the pair remains below the 1.4372 high noted on the chart.

EURAUD_body_72303d1289911906-trend-day-euraud-1116.png, EUR/AUD Sits Just Above Multi-Decade Low

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