Day by day Pivots: (S1) 1.6614; (P) 1.6663; (R1) 1.6727; Extra…
Intraday bias in EUR/AUD stays impartial at this level, as sideway buying and selling continues. Additional rally is predicted so long as 1.6550 assist holds. Above 1.6843 will goal a check on 1.7062 excessive. Agency break there’ll resume bigger up pattern. Nonetheless, break of 1.6550 assist will deliver deeper fall again to 1.6319 assist as a substitute.
Within the greater image, the robust assist from medium time period rising pattern line signifies that rise from 1.4281 (2022 low) remains to be in progress. Sustained break of 1.7062 will pave the best way to 61.8% retracement of 1.9799 (2020 excessive) to 1.4281 at 1.7691. In any case, outlook will keep bullish so long as 1.6319 assist holds.
