Daily Pivots: (S1) 1.5717; (P) 1.5833; (R1) 1.5903; More… EUR/AUD retreated sharply after hitting channel resistance and intraday bias is turned neutral. Rejection by the channel resistance will retain near term bearishness. Break of 1.5591 will resume larger down trend from 1.9799. Though, sustained break of the channel resistance will argue that whole fall from
The post EUR/AUD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.5717; (P) 1.5833; (R1) 1.5903; More… EUR/AUD retreated sharply after hitting channel resistance and intraday bias is turned neutral. Rejection by the channel resistance will retain near term bearishness. Break of 1.5591 will resume larger down trend from 1.9799. Though, sustained break of the channel resistance will argue that whole fall from […]
The post EUR/AUD Daily Outlook appeared first on Action Forex.