EUR/AUD price movement, June 12, 2020.


If we look at the 4-hour chart, we can see that the pair is declining. The pair may try to reach the 4-hour chart liquidity void area and break the 1.6776 level. This scenario will occur if the pair sinks to 1.6370 and hits the 1.6164 level.


The material has been provided by InstaForex Company -