EURAUD - Looking For Near-term Footing On Channel Support
04 Feb 2015 13:06, GMTTalking Points:
- EURAUD trading at 4-hr channel support, good risk/reward entry for long positions
- Trade back below 14596 would negate this support
- Resistance comes in at 14894 and 14977
EURAUD 4-hr:
--- Written by Paul Robinson, DailyFX Research
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.