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EURAUD moves to its lowest level since mid June

EUR
  • AUD still trade on the front foot with the Underpinned Risk On tone.
  • At session high versus NZD and the EUR.
  • Small resistance moves down to 1.1053 in AUDNZD.
  • But most market participants will likely be looking at this week's high 1.1078, as the initial area of interest.
  • AUDNZD is now at 1.1050 (printed 1.1052 high)
  • EURAUD is at lowest level since the 16th June, with next small target at 1.49000.

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