EUR/AUD Daily Outlook

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Daily Pivots: (S1) 1.6469; (P) 1.6546; (R1) 1.6642; More… EUR/AUD’s break of 1.6594 resistance indicates that a short term bottom was already formed at 1.6125. Intraday bias is back on the upside for stronger rebound to 55 D EMA (now at 1.6769). Firm break there will target 38.2% retracement of 1.8554 to 1.6125 at 1.7053. […]The post EUR/AUD Daily Outlook appeared first on ActionForex.