Technical Analysis – EURAUD breaks below 200-day moving average
EURAUD penetrated below the 200-day simple moving average (SMA) after turning back down from 1.6431 and clearing below the noisy area of previous supports and the SMAs around 1.6200. The short-term oscillators reflect a freeze in momentum but lean towards the negative picture. The MACD is distancing itself below its red trigger line in the […]