Day by day Pivots: (S1) 1.6572; (P) 1.6626; (R1) 1.6692; Extra…
Intraday bias in EUR/AUD stays on the upside for retesting 1.6742 resistance first. Decisive break there’ll resume entire rise from 1.6127 and goal 1.6844 resistance subsequent. For now, close to time period outlook will stay cautiously bullish so long as 1.6439 help holds, in case of retreat.
Within the larger image, fall from 1.7062 medium time period prime is seen as a correction to the up pattern from 1.4281 (2022 low). Break of 1.6844 resistance will argue that this up pattern is able to resume by means of 1.7062 excessive. In case of one other fall, sturdy help must be seen round 1.5846 and 38.2% retracement of 1.4281 to 1.7062 at 1.6000 to deliver rebound.
