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.
Daily Pivots: (S1) 1.4264; (P) 1.4339; (R1) 1.4380; More… Intraday bias in USD/CAD is back on the downside with breach of 1.4234 support. Deeper fall would be seen to 1.4150 low. Overall, corrective pattern from Read more…
Daily Pivots: (S1) 0.6258; (P) 0.6299; (R1) 0.6341; More… AUD/USD spiked higher to 0.6339 but quickly reversed. Intraday bias stays neutral for the moment. On the downside, break of 0.6218 will target 0.6186 support first. Read more…
Daily Pivots: (S1) 1.0785; (P) 1.0855; (R1) 1.0929; More… EUR/USD’s break of 1.0857 resistance suggests that correction from 1.0953 has already completed at 1.0731. Intraday bias is back on the upside. Decisive break of 1.0953 Read more…