Fundamentally: Fundamental analysis shows favour to this pair to go to the upside, as further strengthening to the euro is expected with the ECB forward guidance, and the Aussie is not tightening anytime soon from here.
Technical analysis shows the pair just in the 200 day moving average and MACD bullis cross. Everything favours the upside.
Technical analysis shows the pair just in the 200 day moving average and MACD bullis cross. Everything favours the upside.