Daily Pivots: (S1) 1.6024; (P) 1.6053; (R1) 1.6071; More… Intraday bias in EUR/AUD remains neutral for the moment. Consolidation from 1.5996 could extend further. Outlook will remain bearish as long as 1.6211 support turned resistance holds. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm […]
Daily Pivots: (S1) 1.0448; (P) 1.0511; (R1) 1.0560; More… Intraday bias in EUR/USD remains neutral for the moment, and outlook stays bearish with 1.0609 resistance intact. On the downside, break of 1.0330 will resume the fall from 1.1213. Also, sustained trading below 1.0404 key fibonacci level will carry larger bearish implication. Nevertheless, firm break of […]
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