Day by day Pivots: (S1) 1.6502; (P) 1.6560; (R1) 1.6648; Extra…
Intraday bias in EUR/AUD stays mildly on the upside at this level. Rise from 1.6368 would goal 1.6677 resistance subsequent. Break there’ll verify that correction from 1.6742 has accomplished, and produce additional rally by this excessive. On the draw back, although, under 1.6511 minor help will flip intraday bias impartial once more first.
Within the greater image, fall from 1.7062 medium time period high is seen as a correction to the up development from 1.4281 (2022 low). The correction might be nonetheless in progress with fall from 1.6742 because the third leg. Sturdy help is anticipated round 1.5846 and 38.2% retracement of 1.4281 to 1.7062 at 1.6000 to convey rebound.
