By looking at the chart we can see that the EURAUD established lower lows, double top and a breakout of a trend line which suggest a high probability of starting a down trend!
In the long run price is likely to drop significantly to the highlighted levels in the chart, as Aussie is benefiting from the continues rise in gold price which would be strengthening the Australian's economy as one the top commodity producer.
In the long run price is likely to drop significantly to the highlighted levels in the chart, as Aussie is benefiting from the continues rise in gold price which would be strengthening the Australian's economy as one the top commodity producer.