EUR/AUD : Heading Towards 1.3880 *LINK*

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Melbourne Qindex 02:58 GMT June 6, 2013 - My Profile
EUR/AUD : Heading Towards 1.3880 : Reply
Buy EURAUD
Entry: Target: Stop:

EUR/AUD : As shown in the distribution profile of the monthly cycle probability chart the market is pulling towards 1.3880. The bias is on the upside when the market is above the weekly cycle pivot centre at 1.3788. The monthly cycle directional indicator suggests that EUR/AUD has potential to challenge the upper range at 1.4002 - 1.4382. The monthly cycle congested area shows that a barrier is expected at 1.3967.

Qindex.com

EUR/AUD : Monthly Cycle Charts
http://www.qindex.com/eur-aud.html

EUR/AUD : Monthly Cycle Charts

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