Day by day Pivots: (S1) 1.6662; (P) 1.6782; (R1) 1.6843; Extra…
Intraday bias in EUR/AUD is again on the draw back as fall from 1.7062 is extending. Deeper decline can be seen to 55 D EMA (now at 1.6614). On the upside, above 1.6887 minor resistance will argue that the pull again has accomplished, and switch bias again to the upside for retesting 1.7062 excessive.
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.
