Daily Pivots: (S1) 1.5688; (P) 1.5747; (R1) 1.5834; More… Intraday bias in EUR/AUD remains neutral as consolidation from 1.5591 is still extending. As long as 1.5830 resistance holds, outlook stays bearish and further fall is expected. Break of 1.5591 will resume larger down trend for 161.8% projection of 1.6827 to 1.6144 from 1.6420 at 1.5315
The post EUR/AUD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.5688; (P) 1.5747; (R1) 1.5834; More… Intraday bias in EUR/AUD remains neutral as consolidation from 1.5591 is still extending. As long as 1.5830 resistance holds, outlook stays bearish and further fall is expected. Break of 1.5591 will resume larger down trend for 161.8% projection of 1.6827 to 1.6144 from 1.6420 at 1.5315 […]
The post EUR/AUD Daily Outlook appeared first on Action Forex.