EUR/AUD can't go back to 1.44

FXstreet.com (Chicago) - EUR/AUD continues subdued against the Australian dollar below the 1.44.

EUR/AUD Technical Levels

Technically speaking, the pair is offered at 1.4389 and oscillates between the supports aligned at 1.4338 (November 11th highs), 1.4241 (October 16th highs) followed by 1.4176 (September 19th lows) and the resistances aligned at 1.4419 (October 25th highs), 1.4527 (October 30th highs) followed by 1.4622 (August 15th highs). According to the FXstreet.com trend index on one-hour timeframe analysis, the pair is slightly bearish and navigates between the EMA20.

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