The EUR/AUD currency pair has been on an upward trajectory within an ascending trend channel. After recently bouncing off the channel’s top resistance, it may be gearing up for a pullback towards support levels, signaling potential trading opportunities.

The Indian rupee bounced back after hitting a low of Rs 85.11 against the US dollar, settling higher at Rs 85.02. This rebound follows the previous day’s settlement of Rs 85.07 per dollar, indicating a strengthening of the currency.