FORECAST BY MARIUS GHISEA (APRIL 20-24)

According to MACD on daily chart, the trend for EUR/AUD is down. The price is below EMA 55 and this is also a confirmation for downtrend.  

EURAUDdaily-page-001

The long-term trend for EUR/AUD is down. The weekly chart indicates downtrend, according to stochastic oscillator. Also, a new pattern in downtrend is formed. It might be possible to go around 1.35 level.

EURAUDweekly-page-001

 

 

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