EUR/USD Returns to Weekly Highs - Is EUR/AUD Next to Follow?
- 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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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.