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EUR/AUD bullish hourly indicators

FXStreet (Guatemala) - EUR/AUD is trading at 1.4536, up 0.15% on the day, having posted a daily high at 1.4543 and low at 1.4509.

EUR/AUD has been building upon the rally at the close of play of last weeks business while the pair is currently coming with RSI in neutral territory at 67.98, up from it’s last hourly close at 57.93. Looking to a daily chart however, we see that RSI is neutral at 42.81 and offers some way to go on the downside yet in an extension of the descending daily trend in an overall strong yearly bear trend.

EUR/AUD Levels

Current price is 1.4537, with resistance ahead at 1.4543 (Daily High), 1.4550 (Yesterday's High), 1.4560 (Weekly Classic R1), 1.4571 (Daily Classic R3) and 1.4645 (Weekly Classic R2). Next support to the downside can be found at 1.4535 (Daily Classic R2), 1.4524 (Weekly High), 1.4521 (Daily 20 SMA), 1.4516 (Hourly 20 EMA) and (Daily Open).

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