Every day Pivots: (S1) 1.6731; (P) 1.6762; (R1) 1.6807; Extra…
Intraday bias in EUR/AUD stays on the upside for retesting 1.7062 resistance. Decisive break there’ll affirm bigger up development resumption. Subsequent goal is 100% projection of 1.5846 to 1.7062 from 1.6319 at 1.7353. On the draw back, break of 1.6550 help is required to point completion of the rebound. In any other case, close to time period outlook will keep mildly bullish even in case of retreat.
Within the larger image, the robust help from medium time period rising development line signifies that rise from 1.4281 (2022 low) continues to be in progress. Sustained break of 1.7062 will pave the way in which to 61.8% retracement of 1.9799 (2020 excessive) to 1.4281 at 1.7691. In any case, outlook will keep bullish so long as 1.6319 help holds.
