Daily Pivots: (S1) 1.6542; (P) 1.6576; (R1) 1.6631; More… Intraday bias in EUR/AUD stays neutral at this point. On the upside, firm break of 1.6606 will retain near term bullishness and bring retest of 1.6742. Break there will resume larger rise from 1.6127. On the downside, however, decisive break of 1.6450 support will argue that
EURAUD Outlook
EUR/AUD recovered after drawing support from 1.6450, but upside is still capped by 1.6606 minor resistance. Initial bias stays neutral this week first. On the upside, firm break of 1.6606 will retain near term bullishness and bring retest of 1.6742. Break there will resume larger rise from 1.6127. On the downside, however, decisive break of
Daily Pivots: (S1) 1.6507; (P) 1.6538; (R1) 1.6569; More… Intraday bias in EUR/AUD remains neutral for the moment. On the downside, decisive break of 1.6450 support will argue that whole rebound from 1.6127 has completed with three waves up to 1.6742 already. Near term outlook will be turned bearish for 1.6127 again, to extend the
Daily Pivots: (S1) 1.6511; (P) 1.6536; (R1) 1.6559; More… Range trading continues in EUR/AUD and intraday bias stays neutral at this point. On the downside, decisive break of 1.6450 support will argue that whole rebound from 1.6127 has completed with three waves up to 1.6742 already. Near term outlook will be turned bearish for 1.6127
Daily Pivots: (S1) 1.6494; (P) 1.6528; (R1) 1.6573; More… Intraday bias in EUR/AUD remains neutral as range trading continues. On the downside, decisive break of 1.6450 support will argue that whole rebound from 1.6127 has completed with three waves up to 1.6742 already. Near term outlook will be turned bearish for 1.6127 again, to extend
Daily Pivots: (S1) 1.6491; (P) 1.6528; (R1) 1.6558; More… Range trading continues in EUR/AUD and intraday bias remains neutral. On the downside, decisive break of 1.6450 support will argue that whole rebound from 1.6127 has completed with three waves up to 1.6742 already. Near term outlook will be turned bearish for 1.6127 again, to extend
Daily Pivots: (S1) 1.6451; (P) 1.6502; (R1) 1.6562; More… Intraday bias in EUR/AUD remains neutral for the moment. On the downside, decisive break of 1.6450 support will argue that whole rebound from 1.6127 has completed with three waves up to 1.6742 already. Near term outlook will be turned bearish for 1.6127 again, to extend the