FX & CFD trading involves significant risk
Bank of America Merrill Lynch announced its willingness to sell the pair EUR / AUD. Bank's analysts expect the break of the 200-week moving averagage at 1.4436. After that, the investment bank expect a decline to $ 1.4087, $ 1.3740 and $ 1.35. They sold at $ 1.4470 with the target at $ 1.3740 and a protective stop at $ 1.4802.
Comments from Bank of America Merrill Lynch via Dow Jones Newswires.
EUR / USD rose sharply, updating the August 5 highs, on the background of a weakening US dollar in low market activity associated with the period of the summer holidays. Now the pair is trading at $ 1.1178
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.