Trading Strategies

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.5687; (P) 1.5717; (R1) 1.5749; More… Intraday bias in EUR/AUD stays on the downside as decline is accelerating downwards. Current down trend should target 161.8% projection of 1.6827 to 1.6144 from 1.6420 at 1.5315 next. On the upside, break of 1.5830 resistance is needed to indicate short term bottoming. Otherwise, outlook will
The post EUR/AUD Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.5687; (P) 1.5717; (R1) 1.5749; More… Intraday bias in EUR/AUD stays on the downside as decline is accelerating downwards. Current down trend should target 161.8% projection of 1.6827 to 1.6144 from 1.6420 at 1.5315 next. On the upside, break of 1.5830 resistance is needed to indicate short term bottoming. Otherwise, outlook will […]

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

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