Daily Pivots: (S1) 1.6398; (P) 1.6458; (R1) 1.6556; More… Intraday bias in EUR/AUD is turned neutral first as it recovered after hitting 100% projection of 1.6742 to 1.6439 from 1.6677 at 1.6374. On the downside, below 1.6368 will resume the fall from 1.6742 towards 1.6127 low. Nevertheless, sustained trading above 55 D EMA (now at
EURAUD Outlook
Daily Pivots: (S1) 1.6348; (P) 1.6400; (R1) 1.6431; More.. Intraday bias in EUR/AUD stays on the downside at this point. Break of 100% projection of 1.6742 to 1.6439 from 1.6677 at 1.6374 will pave the way to 161.8% projection at 1.6187 next. For now, risk will stay on the downside as long as 1.6503 resistance
Daily Pivots: (S1) 1.6398; (P) 1.6456; (R1) 1.6500; More.. EUR/AUD’s decline from 1.6742 resumed by breaking through 1.6412 support and intraday bias is back on the downside. Current development suggests that rebound from 1.6127 has completed. Break of 100% projection of 1.6742 to 1.6439 from 1.6677 at 1.6374 will pave the way to 161.8% projection
Daily Pivots: (S1) 1.6398; (P) 1.6456; (R1) 1.6500; More.. Intraday bias in EUR/AUD remains neutral first. On the downside, break of 1.6412 and sustained trading below 1.6439 support will argue that whole rebound from 1.6127 has completed, and turn near term outlook bearish for this support again. Nevertheless, strong rebound from current level, followed by
Daily Pivots: (S1) 1.6427; (P) 1.6462; (R1) 1.6506; More.. Intraday bias in EUR/AUD remains neutral at this point. On the downside, break of 1.6412 and sustained trading below 1.6439 support will argue that whole rebound from 1.6127 has completed, and turn near term outlook bearish for this support again. Nevertheless, strong rebound from current level
EUR/AUD dipped to 1.6412 last week but recovered since then. Initial bias remains neutral this week first. On the downside, break of 1.6412 and sustained trading below 1.6439 support will argue that whole rebound from 1.6127 has completed, and turn near term outlook bearish for this support again. Nevertheless, strong rebound from current level, followed
Daily Pivots: (S1) 1.6404; (P) 1.6460; (R1) 1.6506; More.. EUR/AUD recovered after dipping to 1.6412 briefly and intraday bias stays neutral. On the downside, break of 1.6412 and sustained trading below 1.6439 support will argue that whole rebound from 1.6127 has completed, and turn near term outlook bearish for this support again. Nevertheless, strong rebound