EUR/AUD bulls have had a good run of late and price meets key supply zone. Bears lurking for a test of key daily support. As per the prior analysis, EUR/AUD Price Analysis: Bulls seeking a daily extension, where the cross was starting to emerge from a significant Fibonacci retracement zone, indeed the area acted as firm daily support. Prior analysis ”The bulls have based at a significant Fibonacci retracement area that meets prior resistance. The price would now be expected to move higher towards the prior resistance and beyond for a higher high. The bulls are in charge at this juncture and the support zone will be monitored for a restest and subsequent hold for further conviction. ” Live market analysis There are minimal prospects at this juncture for a sustained bid until support proves to hold tests considering the prior business done in the supply territory and bulls will be cashing in at this juncture. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold Price Analysis: Bears ready to pounce following key break of support FX Street 2 years EUR/AUD bulls have had a good run of late and price meets key supply zone. Bears lurking for a test of key daily support. As per the prior analysis, EUR/AUD Price Analysis: Bulls seeking a daily extension, where the cross was starting to emerge from a significant Fibonacci retracement zone, indeed the area acted as firm daily support. Prior analysis ''The bulls have based at a significant Fibonacci retracement area that meets prior resistance. The price would now be expected to move higher towards the prior resistance and beyond for a higher high. The bulls are in charge at… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
