EUR/AUD Price Forecast: Drops and hovers around 1.6200

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EUR/AUD Price Forecast: Drops and hovers around 1.6200
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The EUR/AUD pair remains pressured, yet buyers trimmed some of its earlier losses with the pair hitting a daily low of 1.6159.

EUR/AUD remains pressured below 50, 100, and 200-day SMAs, holding above 1.6200 for four consecutive days. Break above 1.6252 could target 1.6300, with 1.6372 as the next resistance zone. Downside risk remains intact, with support seen at 1.6159 and major support at 1.5966 if the pair dips below 1.6200. At the time of writing, the cross-pair trades at 1.6216, down by just 0.12%. EUR/AUD Price Forecast: Technical outlook The EUR/AUD consolidates above 1.

On further weakness, the next stop would be major support at the November 22 swing low of 1.5966 EUR/AUD Price Chart – Daily Euro PRICE Today The table below shows the percentage change of Euro against listed major currencies today. Euro was the strongest against the Swiss Franc. USD EUR GBP JPY CAD AUD NZD CHF USD 0.00% -0.00% 0.00% -0.01% -0.03% -0.05% 0.00% EUR -0.00% -0.01% -0.02% -0.01% -0.03% -0.05% 0.00% GBP 0.00% 0.00% 0.02% -0.01% -0.03% -0.04% 0.02% JPY 0.00% 0.02% -0.02% -0.02% -0.

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