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April 10, 2023After closing at 1.6345 Friday, EUR/AUD began today at 1.6345 with significant bullish sentiment driving EUR/AUD's price action higher. So far today, price action has drawn out a distinct 1.633 to 1.6387 range.
Other currencies are also rising as having closed the previous session at 132.14, USD/JPY is up 1.15% today to currently trade at around 133.66. GBP/JPY is up 0.76%. USD/CHF gained 0.54% and is now trading at 0.91.
Furthermore, the market is looking at Euro Zone Retail Sales expected to decline to -0.8% while its preceding data was 0.3%, data will be available tomorrow at 09:00 UTC. Australia NAB Business Confidence (Mar) scheduled to come out tomorrow at 01:30 UTC. Australia Westpac Consumer Sentiment (Apr) is scheduled for tomorrow at 00:30 UTC.
The currency pair has been trending positively for about a month. The past 3 months have been positive for Euro-Aussie dollar as it added 5.46% compared to its 3-month low of 1.4289.
