Daily Pivots: (S1) 1.4322; (P) 1.4404; (R1) 1.4454; More… Intraday bias in USD/CAD remains neutral for the moment. Price actions from 1.4791 high are seen as a corrective pattern, with rebound from 1.4150 as the second leg. On the upside, break of 1.4541 will target 100% projection of 1.4150 to 1.4541 from 1.4238 at 1.4629 […]
Daily Pivots: (S1) 1.7129; (P) 1.7247; (R1) 1.7310; More… Current steep decline suggests that corrective pattern from 1.7417 is extending with another falling leg. Intraday bias is turned neutral first. Downside should be contained by 38.2% retracement of 1.6355 to 1.7417 at 1.7011 to bring rebound. On the upside, break of 1.7364 will suggest that […]
The post EUR/AUD Daily Outlook appeared first on Action Forex.
Share
