EUR/AUD Daily Outlook

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Intraday bias in EUR/AUD is turned neutral first with current retreat, and some consolidations could be seen first. Further rally remains in favor as long as 1.6306 support holds. Break of 1.6617 will resume the rally from 1.6108 towards 1.6842 resistance. In the bigger picture, outlook will stay bearish as long as 1.6842 resistance holds. […]The post EUR/AUD Daily Outlook appeared first on ActionForex.