EUR/AUD rebounds above 1.4650 and jumps to 1.4800

FXStreet (Córdoba) - The EUR/AUD posted strong gains on Tuesday, erasing previous losses on the back of a back Australian Dollar across the board. After the beginning of the week the pair moved to the downside found support at 1.4560, barely above last week lows.

During yesterday's Asian session the EUR/AUD gained momentum and turned to the upside. The Euro extended gains on European hours and peaked at 1.4799, hitting the highest price since last Friday.

On Wall Street the Aussie stabilized across the board and the EUR/AUD pulled back finding support at 1.4750. Early in Asia the pair remains steady trading in a range between 1.4750 and 1.4765.