Each day Pivots: (S1) 1.6297; (P) 1.6331; (R1) 1.6382; Extra…
Intraday bias in EUR/AUD stays impartial and danger stays on the upside so long as 1.6127 help holds. Above 1.6398 will resume the rebound to 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 stage.
Within the larger image, fall from 1.7062 medium time period high is seen as correction to the up pattern from 1.4281 (2022 low). Robust help needs to be seen round 1.5846 and 38.2% retracement of 1.4281 to 1.7062 at 1.6000 convey rebound. Break of 1.6844 will argue that this up pattern is able to resume by way of 1.7062 excessive.
