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30 Dec 2014
EUR/AUD drops to 17-day Low
FXStreet (Mumbai) - The single currency extended losses against the Australian dollar for the forth straight session and trades lower after the Aussie reached 11-day high against the US dollar.
The EUR/AUD pair now trades almost unchanged at 1.4888 levels, down -0.43% on the day, having hit day’s low at 1.4878 levels earlier today. The EUR/AUD edged lower largely after the Australian dollar gained 0.43% against the US dollar on rising gold, silver and copper prices. While the EUR/USD pair traded flat, at time of writing.
EUR/AUD Technical Levels
The pair has an immediate resistance at 1.4903 (Dec 11 Low) levels, above which gains could be extended to 1.4958 (Today’s High) levels. On the flip side, support is seen at 1.4829 (Dec 10 Low) levels, from here it to 1.48 levels.
The EUR/AUD pair now trades almost unchanged at 1.4888 levels, down -0.43% on the day, having hit day’s low at 1.4878 levels earlier today. The EUR/AUD edged lower largely after the Australian dollar gained 0.43% against the US dollar on rising gold, silver and copper prices. While the EUR/USD pair traded flat, at time of writing.
EUR/AUD Technical Levels
The pair has an immediate resistance at 1.4903 (Dec 11 Low) levels, above which gains could be extended to 1.4958 (Today’s High) levels. On the flip side, support is seen at 1.4829 (Dec 10 Low) levels, from here it to 1.48 levels.