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EUR/AUD Day by day Outlook

eur/aud-day-by-day-outlook

Day by day Pivots: (S1) 1.6947; (P) 1.6993; (R1) 1.7034; Extra…

Intraday bias in EUR/AUD stays impartial for consolidation beneath 1.7062. Whereas deeper retreat could possibly be seen, outlook will keep mildly bullish so long as 1.6737 assist holds. On the upside, agency break 1.7062 will resume bigger up development from 1.4281 to 1.7377 projection degree.

Within the greater image, the rise from 1.4281 (2022 low) is in progress. Subsequent goal is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will keep bullish so long as 1.5846 assist holds, even in case of one other pull again.

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