Every day Pivots: (S1) 1.6329; (P) 1.6372; (R1) 1.6423; Extra…
Intraday bias in EUR/AUD stays impartial, additional additional rise is in favor so long as 1.16278 minor help holds. On the upside, agency break of 1.6478 resistance will argue that entire correction from 1.7062 has accomplished, and goal 1.6844 resistance for affirmation. Nonetheless, break of 1.6278 minor help will flip bias again to the draw back for retesting 1.6127 low.
Within the greater image, fall from 1.7062 medium time period high is seen as correction to the up pattern from 1.4281 (2022 low). Sturdy help needs to be seen round 1.5846 and 38.2% retracement of 1.4281 to 1.7062 at 1.6000 deliver rebound. Break of 1.6844 will argue that this up pattern is able to resume via 1.7062 excessive.
