Daily Pivots: (S1) 1.6394; (P) 1.6474; (R1) 1.6519; More… EUR/AUD’s fall from 1.7062 resumed by breaking through 1.6452 support. Intraday bias is back on the downside for 1.6000 fibonacci level, as a larger scale correction. On the upside, break of 1.6650 resistance is needed to indicate short term bottoming. Outlook, outlook will stay mildly bearish […]

The post EUR/AUD Daily Outlook appeared first on Action Forex.