EURAUD Could See Further Weakness

<p>EURAUD has been extending its losses over the last couple of days, following the pullback on the 1.7180 resistance level, which lies near the short-term descending trend line. Currently, the price is trading not far below the 20- and 40-period simple moving averages (SMAs) and holds within the Ichimoku cloud in the 4-hour chart. The [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/292962-euraud-could-see-further-weakness/">EURAUD Could See Further Weakness</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>