Daily Pivots: (S1) 1.5759; (P) 1.5798; (R1) 1.5831; More… EUR/AUD’s break of 1.5760 minor support suggests that corrective recovery from 1.5991 has completed at 1.5945. Rejection by channel resistance keeps near term outlook bearish. Intraday bias is back on the downside for retesting 1.5591. Firm break there will resume larger down trend from 1.9799. In
The post EUR/AUD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.5759; (P) 1.5798; (R1) 1.5831; More… EUR/AUD’s break of 1.5760 minor support suggests that corrective recovery from 1.5991 has completed at 1.5945. Rejection by channel resistance keeps near term outlook bearish. Intraday bias is back on the downside for retesting 1.5591. Firm break there will resume larger down trend from 1.9799. In […]
The post EUR/AUD Daily Outlook appeared first on Action Forex.