EURAUD Analysis:
EURAUD has formed an Ascending Triangle pattern by creating higher lows and equal highs.
EURAUD hits the higher low area of the Ascending Triangle pattern in the daily timeframe chart.
After the confirmation of upward movement EURAUD buy signal is given.
EURAUD is breaking the higher low area of the Ascending triangle and reached the SL price. In the daily timeframe, it has the following support zones – 1.5580,1.5470, 1.5370
Price is falling without much retracements. We expect a retracement from any of the following support zones for the retesting this broken Ascending Triangle.
EURO: UN has arranged an Emergency meeting with Russia
UN Security council called Russia for the Emergency meeting as Tensions height up in the Western Side due to Eastern Side two Breakaway regions controlled by Russia.
And Russia has ordered the Peacekeeping troops to Two Breakaway regions for keeping Peace and Cooperation in the two states.
The US has said if Russian Troops send to Two Breakaway regions, the US must issue an Executive order to prohibit finance and trade for these states.
So, Euro has suffered more due to Russian expansion in Ukraine, anytime warlike circumstances happen.
And China UN Ambassador said Each country have its respect, independence and We have to wait and involve in Ukraine matters.
And China indirectly said the US intervened in Taiwan matters.
Australian Dollar: Australian PM Speech
Western Countries like Canada, US and UK were fed up with Russian actions on Easter Ukraine.
And Japan hints to stop the Chips exports to Russia if an invasion happens.
Australian PM Scott Morrison said they would be in lockstep with allies to sanctions on Russia.
Russian Invasion actions may worry the US, Canada, and Other Countries in NATO; a warlike situation may become if not compromise both sides.
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