EUR/AUD Daily Outlook

EUR/AUD’s break of 1.6293 resistance confirms short term bottoming at 1.6108. Rise from there is seen as the third leg of the corrective pattern from 1.6125. Intraday bias is back on the upside for 55 D EMA (now at 1.6458). On the downside, break of 1.6108 wil
EUR/AUD’s break of 1.6293 resistance confirms short term bottoming at 1.6108. Rise from there is seen as the third leg of the corrective pattern from 1.6125. Intraday bias is back on the upside for 55 D EMA (now at 1.6458). On the downside, break of 1.6108 will resume larger fall from 1.8554 to 1.5913 fibonacci […] The post EUR/AUD Daily Outlook appeared first on ActionForex.