Daily Pivots: (S1) 1.6499; (P) 1.6546; (R1) 1.6582; More… Further decline is expected in EUR/AUD with 1.6662 resistance intact. Firm break of 1.6449 support will argue that the pattern from 1.6319 has completed at 1.6844 as a corrective move, and fall from 1.7062 is ready to resume through 1.6319. On the upside, above 1.6662 minor
EURAUD Outlook
Daily Pivots: (S1) 1.6539; (P) 1.6602; (R1) 1.6643; More… No change in EUR/AUD’s outlook and intraday bias remains on the downside for 1.6449 support. Firm break there will argue that the pattern from 1.6319 has completed at 1.6844 as a corrective move, and fall from 1.7062 is ready to resume through 1.6319. On the upside
Daily Pivots: (S1) 1.6597; (P) 1.6617; (R1) 1.6634; More… Intraday bias in EUR/USD stays on the downside at this point, for 1.6449 support. Firm break of 1.6449 support will argue that the pattern from 1.6319 has completed at 1.6844 as a corrective move, and fall from 1.7062 is ready to resume through 1.6319. On the
EUR/AUD’s fall from 1.6844 extended lower last week and the development argues that rebound from 1.6449 has completed already. Further decline is now expected this week as long as 1.6694 resistance holds. Firm break of 1.6449 support will argue that the pattern from 1.6319 has completed at 1.6844 as a corrective move, and fall from
Daily Pivots: (S1) 1.6601; (P) 1.6626; (R1) 1.6653; More… Intraday bias in EUR/AUD remains mildly on the downside for the moment. Deeper Deeper fall would be seen to 1.6449 support next. Firm break there will argue that the pattern from 1.6319 has completed at 1.6844 as a corrective move, and fall from 1.7062 is ready
Daily Pivots: (S1) 1.6596; (P) 1.6647; (R1) 1.6693; More… Intraday bias in EUR/AUD is back on the downside with break of 1.6631 support. Deeper fall would be seen to 1.6449 support next. Firm break there will argue that the pattern from 1.6319 has completed at 1.6844 as a corrective move, and fall from 1.7062 is
Daily Pivots: (S1) 1.6613; (P) 1.6654; (R1) 1.6684; More… Intraday bias in EUR/AUD stays neutral first. On the downside, firm break of 1.6631 support will turn bias back to the downside for 1.6449 support. On the upside, sustained break of 1.6843/4 will resume the rebound from 1.6319 for retesting 1.7062 high next. In the bigger