Daily Pivots: (S1) 1.6591; (P) 1.6628; (R1) 1.6661; More… No change in EUR/AUD’s outlook as range trading continues, and intraday bias stays neutral. Corrective pattern from 1.6800 could extend further. But strong support could be seen from 38.2% retracement of 1.5963 to 1.6800 at 1.6480 to bring rebound. Near term risk will stay mildly on […]
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AUD/USD remains firmly in red and pressuring key support at 0.6170 (2022 low) after a brief recovery was repeatedly rejected above falling 20DMA and formed a double bull-trap on daily chart. Bearish daily studies maintain Read more…
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