EURAUD - At ResistanceEURAUD finds itself at resistance (88.6% Fibonacci retracement) inside of a weekly sell zone with the 4HR Stochastics overbought and RSI diverging.
We are expecting RBA Monetary Policy Meeting minutes at 02:30GMT which could be the catalyst that moves EURAUD.
A hawkish tone from the RBA could send EURAUD lower, and a poor German GDP print at 07:00GMT would further help push price lower.
