EUR/AUD Daily Outlook

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EUR/AUD’s decline continues today after brief recovery. Intraday bias remains on the downside. Larger down trend from 1.8554 should be resuming. Next target is 61.8% projection of 1.6617 to 1.6072 from 1.6334 at 1.597. On the upside, above 1.6143 minor resistance will turn bias neutral and bring consolidations. But risk will remain on the downside […]The post EUR/AUD Daily Outlook appeared first on ActionForex.