One to keep an eye on…. ?

EUR/AUD’s firmed up again this morning and made some reasonable gains over the last couple of days from lows of 1.2228 on Tuesday.

Looking at the charts were around that trendline drawn from 23 Nov and a clear break through the 1.2390/1.2400 level and possibly more importantly, the highs of jan 13 around 1.2445/50, could turn this pair a lot higher.

Just a thought and might be worth keeping an eye on over coming sessions…..

EUR/AUD’s up at 1.2382