Trading Strategies

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6137; (P) 1.6190; (R1) 1.6236; More… EUR/AUD is losing some downside momentum as seen in 4 hour MACD. But further fall is expected as long as 1.6374 resistance holds. Current decline from 1.6827 should target a test on 1.6033 low. Decisive break there will resume larger fall from 1.9799. On the upside,
The post EUR/AUD Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.6137; (P) 1.6190; (R1) 1.6236; More… EUR/AUD is losing some downside momentum as seen in 4 hour MACD. But further fall is expected as long as 1.6374 resistance holds. Current decline from 1.6827 should target a test on 1.6033 low. Decisive break there will resume larger fall from 1.9799. On the upside, […]

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

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