EUR/AUD Daily Outlook

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Daily Pivots: (S1) 1.6585; (P) 1.6632; (R1) 1.6683; More… Intraday bias in EUR/AUD stays mildly on the upside despite loss of momentum. Rebound from 1.6125 short term bottom should extend to 55 D EMA (now at 1.6753). Sustained break there will pave the way to 38.2% retracement of 1.8554 to 1.6125 at 1.7053. Nevertheless, below […]The post EUR/AUD Daily Outlook appeared first on ActionForex.