The Euro (EUR) extended its bull run higher against the Australian Dollar (AUD) Monday reaching 1.7250 (0.5800) a fresh 2025 high. The Euro has easily been the best performing currency over the month of March with Germany poised to unleash 1T in spending on infrastructure and Defence a reversal on their usual conservatism. The cross sits just above long-term support at 0.5565 (1.7970) and may consolidate for a bit before possibly retesting this key area.
Current Level: 0.5788
Resistance: 0.5950
Support: 0.5555
Last Weeks Range: 0.5790- 0.5982