Intraday bias in EUR/AUD is back on the upside with breach of 1.6292 temporary top. Rise from 1.5774 should target .6334 resistance. Break there will solidify the bullish case, and target 1.6842 cluster resistance next. On the downside, below 1.6167 will turn bias neutral again.
In the bigger picture, a medium term bottom could be in place at 1.5774 on bullish divergence condition in D MACD. Sustained trading above 55 W EMA (now at 1.6547). Sustained break there will target 1.6842, with 38.2% retracement of 1.8554 (2025 high) to 1.5774 at 1.6836, even as a corrective bounce. Though, rejection by 55 W EMA will bring retest of 1.5774 low.
