Every day Pivots: (S1) 1.6785; (P) 1.6849; (R1) 1.6956; Extra…
EUR/AUD’s rally continues immediately and intraday bias stays on the upside. Present rally is a part of the up development from 1.4281. Subsequent goal is 1.7377 projection stage subsequent. On the draw back, break 1.6737 minor assist will intraday bias impartial and convey consolidations first, earlier than staging one other rise.
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 one other pull again.
