posted byfx360 873 days ago
in AUD, Dailymade popular 873 days ago
Having seen 500+ pip collapse over the past two weeks, the EUR/AUD has now entered waters uncharted since late 2007 when rates reached and all-time low near 1.55. Rates are currently trading near 1.58 very near converging fib support on the daily based on an emerging bullish butterfly pattern. This may hint towards a small near-term recovery