Daily Pivots: (S1) 1.5669; (P) 1.5717; (R1) 1.5741; More… Intraday bias in EUR/AUD remains on the downside for retesting 1.5591 support. Break there will resume larger down trend and target 61.8% projection of 1.6409 to 1.5591 from 1.5945 at 1.5439. On the upside, however, break of 1.5945 resistance will resume the rebound from 1.5591 instead.
The post EUR/AUD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.5669; (P) 1.5717; (R1) 1.5741; More… Intraday bias in EUR/AUD remains on the downside for retesting 1.5591 support. Break there will resume larger down trend and target 61.8% projection of 1.6409 to 1.5591 from 1.5945 at 1.5439. On the upside, however, break of 1.5945 resistance will resume the rebound from 1.5591 instead. […]
The post EUR/AUD Daily Outlook appeared first on Action Forex.