EUR/AUD Daily Outlook

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Daily Pivots: (S1) 1.6227; (P) 1.6292; (R1) 1.6334; More… EUR/AUD is extending consolidations above 1.6125 and intraday bias remains neutral. Further decline is expected with 1.6594 resistance intact. Firm break of 1.6125 will resume the fall from 1.8554 to 1.5913 fibonacci level next. Nevertheless, break of 1.6594 will indicate short term bottoming, and bring stronger […]The post EUR/AUD Daily Outlook appeared first on ActionForex.