Each day Pivots: (S1) 1.6762; (P) 1.6846; (R1) 1.6895; Extra…
Regardless of retreating, additional rise is anticipated in EUR/AUD with 1.6708 assist intact. Present rally is a part of the up pattern from 1.4281. Subsequent goal is 1.7377 projection degree subsequent. On the draw back, break 1.6708 minor assist will flip bias to the draw back for deeper pull again.
Within the greater image, the rise from 1.4281 (2022 low) is in progress. Subsequent goal is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will keep bullish so long as 1.5846 assist holds, even in case of one other pull again.
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