EUR / AUD weekly technical analysis

The euro-Australian pair is trading on the D1 daily chart - in a channel that has tended to rise for several months and this channel represents the specified price range, as it is trading inside it back and forth with the exception of one period. However, the husband maintains the lower leg of the channel, which represents very important support. Traders are advised to enter the medium term buying characteristics from 1.6190 and above and the target is 500 points, while maintaining a suitable stop loss below the bullish side.

General trend: bullish