Every day Pivots: (S1) 1.6653; (P) 1.6730; (R1) 1.6782; Extra…
EUR/AUD’s fall from 1.7062 is in progress and intraday bias stays on the draw back. Deeper fall could be seen to 55 D EMA (now at 1.6621). Robust assist could possibly be seen from there to carry rebound. On the upside, break of 1.6887 resistance will counsel that the pull again has accomplished and produce retest of 1.7062 excessive.
Within the larger 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 assist holds, even in case of deep pull again.
