Each day Pivots: (S1) 1.6259; (P) 1.6322; (R1) 1.6356; Extra..
Intraday bias in EUR/AUD stays mildly on the upside for the second. Rebound from 1.6127 quick time period backside would goal 1.6478 resistance. Agency break there’ll argue that entire correction from 1.7062 has accomplished, and goal 1.6844 resistance for affirmation. However, break of 1.6127 will resume the corrective fall to 1.6000 fibonacci degree.
Within the greater image, fall from 1.7062 medium time period prime is seen as correction to the up development from 1.4281 (2022 low). Sturdy assist ought to be seen round 1.5846 and 38.2% retracement of 1.4281 to 1.7062 at 1.6000 deliver rebound. Break of 1.6844 will argue that this up development is able to resume by means of 1.7062 excessive.
