Day by day Pivots: (S1) 1.6450; (P) 1.6591; (R1) 1.6667; Extra…
Intraday bias in EUR/AUD is turned impartial with present restoration, and a few consolidations could possibly be seen. However threat will keep on the draw back so long as 1.6793 resistance holds. Fall from 1.7062 is seen as a bigger scale correction. Beneath 1.6452 will goal 1.6000 fibonacci stage.
Within the larger image, present growth argues that fall from 1.7062 might be correcting complete up development from 1.4281. Deeper decline could be seen to 38.2% retracement of 1.4281 to 1.7062 at 1.6000. Robust help ought to be seen there to carry rebound, not less than on first try.
