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FXSayWhat

EURAUD Beyond the Daily Chart 2016 - June

Short
Euro / Australian Dollar (FX:EURAUD)  
FXSayWhat Updated   
FX:EURAUD   Euro / Australian Dollar
EURAUD
3
0
euraud
EURAUD retreats from the 1.5600 level as June approaches.
  • Daily CChart RSI is falling from 70 level
  • MACD has already formed a bear cross.
Comment:
EURAUD new week / month opens with a leg down off the 1.5500 level.
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Comment:
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EURAUD continued gets pressured from above 1.5600.
Comment:
UK leaves EU. EU zone risk raises. EURAUD continue to fall.
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Comment:
Brexit, 1.5000 rejection, now we are heading towards the 1.4500 level as EU continue falling apart.
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