Each day Pivots: (S1) 1.6450; (P) 1.6591; (R1) 1.6667; Extra…
Intraday bias in EUR/AUD stays on the draw back, as fall from 1.7062 is extending. Deeper decline can be seen to 1.6259 help. Break there’ll goal 1.6000 fibonacci stage. On the upside, above 1.6647 help turned resistance will flip intraday bias impartial first.
Within the greater image, present improvement argues that fall from 1.7062 might be correcting entire up development from 1.4281. Deeper decline can be seen to 38.2 retracement of 1.4281 to 1.7062 at 1.6000. Sturdy help ought to be seen there to convey rebound, no less than on first try.
