Is EUR/AUD in a bearish trend?

At the present moment, EUR/AUD is in a bearish trend. This means that the value of the Euro (EUR) is decreasing relative to the Australian Dollar (AUD). The current exchange rate for EUR/AUD stands at 1.6133 making it more expensive to buy one Euro with Australian Dollars compared to recent trends.

Is EUR getting stronger against AUD?

The current exchange rate for EUR/AUD stands at 1.6133 making it more expensive to buy one Euro with Australian Dollars compared to recent trends. If the trend continues and remains in bearish territory, this indicates that the Australian Dollar is getting stronger relative to its European counterpart.

What is the Australian dollar?

The Australian dollar is one of the world’s top-traded currencies. Some professional traders call the AUD/USD pair simply the "Aussie." Australian Dollar live rates: AUD to USD, AUD to INR, etc. AUD chart live.

What is AUD currency?

This currency pair is also known as the "Aussie". Together with the New Zealand Dollar and the Canadian Dollar, the AUD is a commodity currency, that is a currency whose country's exports are largely comprised of raw materials (precious metals, oil, agriculture, etc.).