Day by day Pivots: (S1) 1.6559; (P) 1.6588; (R1) 1.6639; Extra…
Intraday bias in EUR/AUD stays impartial for consolidation above 1.6452 non permanent low. However additional decline is in favor so long as 1.6793 resistance holds. Fall from 1.7062 is seen as a bigger scale correction. Under 1.6452 will goal 1.6000 fibonacci stage.
Within the greater image, present improvement argues that fall from 1.7062 might be correcting complete up pattern from 1.4281. Deeper decline can be seen to 38.2% retracement of 1.4281 to 1.7062 at 1.6000. Robust help must be seen there to convey rebound, not less than on first try.
