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EUR/AUD Every day Outlook

eur/aud-every-day-outlook

Every day Pivots: (S1) 1.6829; (P) 1.6925; (R1) 1.6983; Extra…

Whereas EUR/AUD’s retreat from 1.7062 extends decrease, draw back is contained above 1.6737 help thus far. Intraday bias stays impartial and outlook stays bullish for now. On the upside, agency break 1.7062 will resume bigger up pattern from 1.4281 to 1.7377 projection degree.

Within the greater image, the rise from 1.4281 (2022 low) is in progress. Subsequent goal is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will keep bullish so long as 1.5846 help holds, even in case of one other pull again.

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