EUR/AUD : Critical Point 1.4386
Hong Kong Qindex 08:26 GMT 06/16/2014 - My Profile
Buy EURAUD
Entry: Target: Stop:
EUR/AUD : As shown in the monthly congested area the market has a tendency to trade within 1.4384 - 1.5015. It is likely that we have seen the recent low. The short term upside target is 1.4553. On the other hand the market is under pressure when it is below 1.4357 (see the monthly cycle directional indicator)
Qindex.com
EUR/AUD : Monthly Cycle Charts
http://www.qindex.com/eur-aud.html