EUR/AUD consolidating the downside

FXStreet (Guatemala) - EUR/AUD is trading at 1.4471, down -0.07% on the day, having posted a daily high at 1.4488 and low at 1.4461.

EUR/AUD is consolidating the downside for the time being with the FXStreet OB/OS Index that is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bullish now. The daily RSI sits at 46.02, in neutral territory.

EUR/AUD Levels

Current price is 1.4472, with resistance ahead at 1.4481 (Hourly 20 EMA), 1.4482 (Daily Open), 1.4487 (Daily Classic PP), 1.4488 (Daily High) and 1.4495 (Hourly 200 SMA). Next support to the downside can be found at 1.4461 (Daily Low), 1.4448 (Yesterday's Low), 1.4443 (Daily Classic S1), 1.4408 (Weekly Classic S1) and 1.4405 (Daily Classic S2).

AUD/NZD to oscillate circa 0.93 until mid 2015 - BNZ

Raiko Shareef, Currency Strategist at BNZ, notes that the AUD/NZD is expected to oscillate around 0.93 through to mid-2015, with the risks currently skewed for a test of 0.95 in the near-term.
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