Trading Strategies

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6535; (P) 1.6603; (R1) 1.6721; More… EUR/AUD’s rally continues today and reaches as high as 1.6739 so far. Intraday bias remains on the upside for 38.2% retracement of 1.9799 to 1.6033 at 1.7472. Reaction from there will reveal whether current rebound is just correcting the fall from 1.9799 to 1.6033, or reversing
The post EUR/AUD Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.6535; (P) 1.6603; (R1) 1.6721; More… EUR/AUD’s rally continues today and reaches as high as 1.6739 so far. Intraday bias remains on the upside for 38.2% retracement of 1.9799 to 1.6033 at 1.7472. Reaction from there will reveal whether current rebound is just correcting the fall from 1.9799 to 1.6033, or reversing […]

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

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