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EUR/AUD Day by day Outlook

eur/aud-day-by-day-outlook

Day by day Pivots: (S1) 1.6682; (P) 1.6781; (R1) 1.6832; Extra…

Intraday bias in EUR/AUD stays impartial and outlook is unchanged. Additional rise is mildly in favor so long as 1.6737 help holds. On the upside, break of 1.7062 resistance will resume bigger up pattern to 1.7377 projection degree subsequent. Nevertheless, agency break of 1.6737 will carry deeper pull again to 1.6601 resistance turned help as an alternative.

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 help holds, even in case of one other pull again.

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