Daily Pivots: (S1) 1.6042; (P) 1.6094; (R1) 1.6129; More… EUR/AUD’s break of 1.6178 resistance suggests short term bottoming at 1.6006, after failing to sustain below 1.6033 low. Intraday bias is turned back to the upside for 1.6420 resistance first. Firm break there will extend the consolidation from 1.6033 with another rising leg, back to 1.6827
The post EUR/AUD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.6042; (P) 1.6094; (R1) 1.6129; More… EUR/AUD’s break of 1.6178 resistance suggests short term bottoming at 1.6006, after failing to sustain below 1.6033 low. Intraday bias is turned back to the upside for 1.6420 resistance first. Firm break there will extend the consolidation from 1.6033 with another rising leg, back to 1.6827 […]
The post EUR/AUD Daily Outlook appeared first on Action Forex.