Each day Pivots: (S1) 1.6408; (P) 1.6467; (R1) 1.6525; Extra…
Intraday bias in EUR/AUD stays impartial at this level. On the draw back, agency break of 1.6368 assist will revive that case that rebound from 1.6127 has accomplished at 1.6742. Fall from there’s seen because the third leg of the sample from 1.7062. Deeper decline would then be seen to 1.6127 assist and under.
Within the greater image, fall from 1.7062 medium time period high is seen as a correction to the up pattern from 1.4281 (2022 low). In case of one other fall, sturdy assist is predicted round 1.5846 and 38.2% retracement of 1.4281 to 1.7062 at 1.6000 to carry rebound. Break of 1.7062 is in favor as a later stage.
