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EUR/AUD Eyes 200 Day MA

STO

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EUR/USD is continuing the higher trend that has been in play for almost two months. Next big target would be convergence with the 200 day moving average, currently at 1.4360.

EUR/GBP posting a run of lower daily highs, and now eyeing a move towards the 50% retracement of the post-Brexit vote rally and recent support around the 0.8400-0.8410 range.

This article comprises the personal view and opinion of the STO Investment Research Desk and at no time should be construed as Investment Advice.

STO Review

Source: https://www.stofs.com/en/newsroom/entry/TECHNICAL/euraud-eyes-200-day-ma
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