Daily Pivots: (S1) 1.6292; (P) 1.6332; (R1) 1.6364; More… EUR/AUD retreated after hitting 1.6420 and intraday bias is turned neutral. We’re viewing rebound from 1.6122 as a rising leg in the consolidation pattern from 1.6033. Above 1.6420 will target 1.6827 resistance. On the downside, though, break of 1.6122 will bring retest of 1.6033 low. In
The post EUR/AUD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.6292; (P) 1.6332; (R1) 1.6364; More… EUR/AUD retreated after hitting 1.6420 and intraday bias is turned neutral. We’re viewing rebound from 1.6122 as a rising leg in the consolidation pattern from 1.6033. Above 1.6420 will target 1.6827 resistance. On the downside, though, break of 1.6122 will bring retest of 1.6033 low. In […]
The post EUR/AUD Daily Outlook appeared first on Action Forex.