EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.5448; (P) 1.5497; (R1) 1.5591; More… The strong break of near term channel resistance suggests that EUR/AUD is already correcting the decline from 1.6827. Intraday bias is now on the upside for 1.5689 resistance first. Break there will target 38.2% retracement of 1.6827 to 1.5250 at 1.5852. In the bigger picture, price
The post EUR/AUD Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.5448; (P) 1.5497; (R1) 1.5591; More… The strong break of near term channel resistance suggests that EUR/AUD is already correcting the decline from 1.6827. Intraday bias is now on the upside for 1.5689 resistance first. Break there will target 38.2% retracement of 1.6827 to 1.5250 at 1.5852. In the bigger picture, price […]

The post EUR/AUD Daily Outlook appeared first on Action Forex.

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