Each day Pivots: (S1) 1.6774; (P) 1.6810; (R1) 1.6877; Extra…
No change in EUR/AUD’s outlook as rise from 1.6319 is in progress. Intraday bias stays on the upside for 1.7062 resistance. Decisive break there’ll affirm bigger up pattern resumption. Subsequent goal is 100% projection of 1.5846 to 1.7062 from 1.6319 at 1.7353. On the draw back, break of 1.6680 will flip intraday bias impartial first.
Within the larger image, the sturdy help 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 way in which 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 help holds.
