EUR/AUD’s strong rebound suggests short term bottoming at 1.5951, on bearish divergence condition in 4H MACD. Intraday bias is back on the upside for 1.6334 resistance. Considering bullish divergence condition in D MACD, firm break of 1.6334 will indicate medium term bottoming. Nevertheless, rejection at 1.6334 will keep the larger down trend intact for another […]The post EUR/AUD Daily Outlook appeared first on ActionForex.