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EUR/AUD eyes 50% Fib of 1.1597-1.5831, widening yield spreads weigh

Thursday, April 16, 2015 12:35 PM UTC

Source: Thomson Reuters

EUR/AUD after rally above 1.40 stalls, yield spreads widen & weigh
Solid Oz jobs data likely validates latest RBA rate hold
Pair eyes 50% Fib of 1.1597-1.5831, close below bolsters a bear view
RSIs across many time frames biased down, more bear fodder
Channel base (1.3430) & weekly lows near 1.3325/65 are bear targets

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EUR/AUD eyes 50% Fib of 1.1597-1.5831, widening yield spreads weigh

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