{"id":31113,"date":"2022-07-01T10:34:00","date_gmt":"2022-07-01T09:34:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=31113"},"modified":"2022-07-04T10:57:19","modified_gmt":"2022-07-04T09:57:19","slug":"euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/","title":{"rendered":"EURAUD Technical Analysis &#8211; Bulls flirts with the 1.5350 resistance, a 4-months high"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"31113\" class=\"elementor elementor-31113\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6256097 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6256097\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-eb1641e\" data-id=\"eb1641e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cba0f48 elementor-widget elementor-widget-text-editor\" data-id=\"cba0f48\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The <a href=\"https:\/\/bit.ly\/3gSVgJG\" target=\"_blank\" rel=\"noopener\">EURAUD<\/a> rallied by +1.20% early Friday morning after ECB signalled a hawkish outlook in the near term. The pair is trading at the critical resistance after the annualized Eurozone HICP rose by 8.6% in June vs. the previous reading of 8.1%, the latest data published by Eurostat\u00a0showed early Friday. The market expected the inflation data to accelerate by 8.4% hence reinforcing further tightening by the ECB.<\/p><p>The Eurozone Manufacturing PMI showed steady growth in June. The Italian Manufacturing PMI beat expectations rising from 50.5 to 50.9, while Spanish and French data also indicated mounting inflationary pressure.<\/p><p>However, the positive Chinese Caixin Manufacturing PMI is a major headwind for EURAUD buyers in the near term. The Manufacturing PMI rose from 50.1 to 51.7, indirectly could boost the commodity-backed pair. The optimism around China\u2019s relaxing of lockdown measures could help improve Australian dollar sentiment in the near term.<\/p><p>Investors are keenly watching the RBA policy meeting as it\u2019s expected to hike rates by 50bps from 0.85% to 1.35% on the 5<sup>th<\/sup> of July.<\/p><p><strong>Medium Term Analysis<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-65c1e35 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"65c1e35\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e944d08\" data-id=\"e944d08\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0dbff90 elementor-widget elementor-widget-image\" data-id=\"0dbff90\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3gSVgJG\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"624\" height=\"250\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/07\/Picture4.png\" class=\"attachment-large size-large wp-image-31119\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-dcc59bd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dcc59bd\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-57f2b5f9\" data-id=\"57f2b5f9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4847d76d elementor-widget elementor-widget-text-editor\" data-id=\"4847d76d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3gSVgJG\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2254c50 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2254c50\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-44709b7\" data-id=\"44709b7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-948c37e elementor-widget elementor-widget-text-editor\" data-id=\"948c37e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The EURAUD bulls managed to recover modest gains from the 1.45000 support and upside gains are currently capped with the 1.5350 resistance. A break above that current resistance could open the way for a further rally towards the 1.62000, 9-month high. The MACD indicator is currently trading above the 0.000 benchmark suggesting bullish momentum to the upside.<\/p><p>However, a failure to break above the 1.5350 level, coinciding with a 200-day moving average could see the pair shading off some of its gains towards the 1.5000 psychological level. If bears manage to breach the 1.5000 level, further downside pressure could be experienced in the near term towards the 1.4800 and 1.4500 levels.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8fcabc6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8fcabc6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-90613a7\" data-id=\"90613a7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1e4eec0 elementor-widget elementor-widget-image\" data-id=\"1e4eec0\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3gSVgJG\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"283\" height=\"103\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/07\/euraud-chart.jpg\" class=\"attachment-large size-large wp-image-31120\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f92992a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f92992a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c68b81c\" data-id=\"c68b81c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b057bb1 elementor-widget elementor-widget-text-editor\" data-id=\"b057bb1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The ActivTrader Sentiment tool indicates that 59% of retail traders are bullish on the EURAUD pair. Investors are pricing in a 50bps hike by the ECB at its July policy meeting. ECB president Lagarde indicated that the major aim is to achieve price stability in the Eurozone without choking economic growth. The Eurozone Preliminary Inflation surged to 8.6% YoY in June from 8.4% surveyed reinforcing further tightening by the ECB.<\/p><p>However, positive Chinese PMI data could cap EURAUD gains in the medium term as it is a major tailwind for the Australian dollar\u2019s strength. The RBA is also expected to lift its interest rates by 50bps on the 5<sup>th<\/sup> of July in a bid to curb soaring inflation.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-533d692 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"533d692\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3021c3a\" data-id=\"3021c3a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e9fe9b1 elementor-widget elementor-widget-image\" data-id=\"e9fe9b1\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3gSVgJG\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"624\" height=\"248\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/07\/Picture5.png\" class=\"attachment-large size-large wp-image-31121\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-243c85a4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"243c85a4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1342f3b\" data-id=\"1342f3b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-38e814ee elementor-widget elementor-widget-text-editor\" data-id=\"38e814ee\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3gSVgJG\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-02e08c3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"02e08c3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-24a80c7\" data-id=\"24a80c7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-548e42e elementor-widget elementor-widget-text-editor\" data-id=\"548e42e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The EURAUD bulls managed to break above the 1.5340 after bouncing off a 1.5060 support on Thursday. The bulls may target the 1.54000 psychological level in the near term. The RSI indicator reading is currently trading above 50.00 suggesting increasing bullish momentum in the near term. A break above the 1.54000 level could open the way for rising towards the 1.5470 level.<\/p><p>However, a failure to hold above the near-term high could cause a price correction towards the 1.51700 level, coinciding with the 50-day moving average. A break below the 1.5050 support could invalidate the bullish outlook in the near term and bears may target the 1.4500 support, a 2-week low.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The EURAUD rallied by +1.20% early Friday morning after ECB signalled a hawkish outlook in the near term. The pair is trading at the critical resistance after the annualized Eurozone HICP rose by 8.6% in June vs. the previous reading of 8.1%, the latest data published by Eurostat&nbsp;showed early Friday. The market expected the inflation [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":6023,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[54,39,527,318],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EURAUD Technical Analysis - Bulls flirts with the 1.5350 resistance, a 4-months high - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EURAUD Technical Analysis - Bulls flirts with the 1.5350 resistance, a 4-months high\" \/>\n<meta property=\"og:description\" content=\"The EURAUD rallied by +1.20% early Friday morning after ECB signalled a hawkish outlook in the near term. The pair is trading at the critical resistance after the annualized Eurozone HICP rose by 8.6% in June vs. the previous reading of 8.1%, the latest data published by Eurostat&nbsp;showed early Friday. The market expected the inflation [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-01T09:34:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-04T09:57:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/04\/GettyImages-1135633433.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"703\" \/>\n\t<meta property=\"og:image:height\" content=\"246\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nathan Batchelor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nathan Batchelor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/\"},\"author\":{\"name\":\"Nathan Batchelor\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\"},\"headline\":\"EURAUD Technical Analysis &#8211; Bulls flirts with the 1.5350 resistance, a 4-months high\",\"datePublished\":\"2022-07-01T09:34:00+00:00\",\"dateModified\":\"2022-07-04T09:57:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/\"},\"wordCount\":515,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"ECB\",\"EURAUD\",\"Eurozone PMI\",\"RBA\"],\"articleSection\":[\"Forex\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/\",\"url\":\"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/\",\"name\":\"EURAUD Technical Analysis - Bulls flirts with the 1.5350 resistance, a 4-months high - Youtrading UK\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/#website\"},\"datePublished\":\"2022-07-01T09:34:00+00:00\",\"dateModified\":\"2022-07-04T09:57:19+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/youtrading.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EURAUD Technical Analysis &#8211; Bulls flirts with the 1.5350 resistance, a 4-months high\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/youtrading.com\/en\/#website\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"name\":\"Youtrading UK\",\"description\":\"Leaders in Trader Training\",\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/youtrading.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/youtrading.com\/en\/#organization\",\"name\":\"YouTrading\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"contentUrl\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"width\":2531,\"height\":570,\"caption\":\"YouTrading\"},\"image\":{\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/YouTradingEnglish\/\",\"https:\/\/www.instagram.com\/youtrading_english\/\",\"https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\",\"name\":\"Nathan Batchelor\",\"description\":\"Nathan Bathelor brings a professional trading background and highly renowned technical analysis with 15 years of experience. He holds a degree in Business and Finance and has an extensive background providing research for prop houses, and fund managers. Nathan previously traded for Drashta Capital, a boutique Hedge Fund based in London and Sydney, and has worked as a FX Market Analyst for a number of leading brokerages in the United Kingdom.\",\"url\":\"https:\/\/youtrading.com\/en\/author\/nathanbatchelor\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"EURAUD Technical Analysis - Bulls flirts with the 1.5350 resistance, a 4-months high - Youtrading UK","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/","og_locale":"en_GB","og_type":"article","og_title":"EURAUD Technical Analysis - Bulls flirts with the 1.5350 resistance, a 4-months high","og_description":"The EURAUD rallied by +1.20% early Friday morning after ECB signalled a hawkish outlook in the near term. The pair is trading at the critical resistance after the annualized Eurozone HICP rose by 8.6% in June vs. the previous reading of 8.1%, the latest data published by Eurostat&nbsp;showed early Friday. The market expected the inflation [&hellip;]","og_url":"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/","og_site_name":"Youtrading UK","article_publisher":"https:\/\/www.facebook.com\/YouTradingEnglish\/","article_published_time":"2022-07-01T09:34:00+00:00","article_modified_time":"2022-07-04T09:57:19+00:00","og_image":[{"width":703,"height":246,"url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/04\/GettyImages-1135633433.jpg","type":"image\/jpeg"}],"author":"Nathan Batchelor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Nathan Batchelor","Estimated reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/#article","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/"},"author":{"name":"Nathan Batchelor","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab"},"headline":"EURAUD Technical Analysis &#8211; Bulls flirts with the 1.5350 resistance, a 4-months high","datePublished":"2022-07-01T09:34:00+00:00","dateModified":"2022-07-04T09:57:19+00:00","mainEntityOfPage":{"@id":"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/"},"wordCount":515,"publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"keywords":["ECB","EURAUD","Eurozone PMI","RBA"],"articleSection":["Forex"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/","url":"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/","name":"EURAUD Technical Analysis - Bulls flirts with the 1.5350 resistance, a 4-months high - Youtrading UK","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/#website"},"datePublished":"2022-07-01T09:34:00+00:00","dateModified":"2022-07-04T09:57:19+00:00","breadcrumb":{"@id":"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/youtrading.com\/en\/euraud-technical-analysis-bulls-flirts-with-the-1-5350-resistance-a-4-months-high\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/youtrading.com\/en\/"},{"@type":"ListItem","position":2,"name":"EURAUD Technical Analysis &#8211; Bulls flirts with the 1.5350 resistance, a 4-months high"}]},{"@type":"WebSite","@id":"https:\/\/youtrading.com\/en\/#website","url":"https:\/\/youtrading.com\/en\/","name":"Youtrading UK","description":"Leaders in Trader Training","publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/youtrading.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/youtrading.com\/en\/#organization","name":"YouTrading","url":"https:\/\/youtrading.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","contentUrl":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","width":2531,"height":570,"caption":"YouTrading"},"image":{"@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/YouTradingEnglish\/","https:\/\/www.instagram.com\/youtrading_english\/","https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg"]},{"@type":"Person","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab","name":"Nathan Batchelor","description":"Nathan Bathelor brings a professional trading background and highly renowned technical analysis with 15 years of experience. He holds a degree in Business and Finance and has an extensive background providing research for prop houses, and fund managers. Nathan previously traded for Drashta Capital, a boutique Hedge Fund based in London and Sydney, and has worked as a FX Market Analyst for a number of leading brokerages in the United Kingdom.","url":"https:\/\/youtrading.com\/en\/author\/nathanbatchelor\/"}]}},"_links":{"self":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/31113"}],"collection":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/comments?post=31113"}],"version-history":[{"count":0,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/31113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media\/6023"}],"wp:attachment":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media?parent=31113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/categories?post=31113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/tags?post=31113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}