Daily Pivots: (S1) 1.6476; (P) 1.6504; (R1) 1.6551; More… EUR/AUD is still bounded in range trading and intraday bias stays neutral. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for […]
Daily Pivots: (S1) 0.6430; (P) 0.6488; (R1) 0.6520; More… Intraday bias in AUD/USD remains on the downside for 0.6442 support. Decisive break there confirm resumption of the fall from 0.6870 and target 61.8% projection of 0.6870 to 0.6442 from 0.6643 at 0.6378. On the upside, above 0.6498 resistance will turn intraday bias and bring consolidations. […]
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