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EUR/AUD eyes the 1.44 handle

FXStreet (Guatemala) - EUR/AUD is trading at 1.4383, up 0.13% on the day, having posted a daily high at 1.4389 and low at 1.4364.

EUR/AUD is settling in for a consolidation at the positive side of the range displayed between 1.4285 and through the 1.44 handle to 1.4415. The European session took hold of the RBA’s Stevens further dovishness and also enjoyed the results from the German ZEW that was supporting the euro across the board.

EUR/AUD noteworthy levels

Spot is presently trading at 1.4384, and next resistance can be seen at 1.4389 (Daily High), 1.4415 (Daily Classic R3), 1.4420 (Weekly Classic R1) and 1.4538 (Weekly Classic R2). Next support to the downside can be found at 1.4381 (Daily Classic R2), 1.4372 (Daily 20 SMA), 1.4366 (Daily Open) and 1.4320.

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