EURAUD currently stands at the support of the horizontal support line suggesting limited downside potential, further the pair is testing the support for the third time making a triple bottom formation. It would be prudent to say that the pair could rise towards 1.5700 and 1.5800 while it sustains above 1.5550.
Technical Analysis Team
Offering state of the art execution services through multiple top-tier liquidity providers. Abans Global provides you with a tailor-made solution to match the demanding requirements of your business, with the multi-assets offering, advanced trading platforms and FIX API connectivity that provides ultra-low latency.