Day by day Pivots: (S1) 1.6509; (P) 1.6563; (R1) 1.6602; Extra…
Intraday bias in EUR/AUD stays impartial as consolidation type 1.6452 continues to be extending. Additional decline is anticipated with 1.6793 resistance intact. 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 growth argues that fall from 1.7062 might be correcting complete up development from 1.4281. Deeper decline can be seen to 38.2% retracement of 1.4281 to 1.7062 at 1.6000. Robust help ought to be seen there to convey rebound, a minimum of on first try.
