FX.co ★ Technical Analysis of Intraday Price Movement of EUR/USD Cross Currency Pairs, Monday January 15, 2023.

Although on the 4 hour chart of EUR/AUD cross currency pairs is strengthening which is marked by the price movement which is moving above its EMA 50, but with the appearance of the deviation pattern between the price movement with MACD indicator followed by the appearance of Rising Wedge Pattern, then in the near future, as long as EUR/AUD does not break above the level 1,6464, then this cross currency pairs will weakness to the level 1,6326 if the level managed to breaks, then the level 1,6179 will be the next target to be the next purpose.

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