EUR/AUD Daily Outlook

Intraday bias in EUR/AUD is turned neutral first with current retreat. Risk is mildly on the upside as long as 1.6108 support holds. Rise from there is seen as the third leg of the corrective pattern from 1.6125. Above 1.6381 will target 55 D EMA (now at 1.645
Intraday bias in EUR/AUD is turned neutral first with current retreat. Risk is mildly on the upside as long as 1.6108 support holds. Rise from there is seen as the third leg of the corrective pattern from 1.6125. Above 1.6381 will target 55 D EMA (now at 1.6452). On the downside, break of 1.6108 will […] The post EUR/AUD Daily Outlook appeared first on ActionForex.