EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6829; (P) 1.6925; (R1) 1.6983; More

While EUR/AUD’s retreat from 1.7062 extends lower, downside is contained above 1.6737 support so far. Intraday bias remains neutral and outlook stays bullish for now. On the upside, firm break 1.7062 will resume larger up trend from 1.4281 to 1.7377 projection level.

In the bigger picture, the rise from 1.4281 (2022 low) is in progress. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will stay bullish as long as 1.5846 support holds, even in case of another pull back.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6947; (P) 1.6993; (R1) 1.7034; More

Intraday bias in EUR/AUD remains neutral for consolidation below 1.7062. While deeper retreat could be seen, outlook will stay mildly bullish as long as 1.6737 support holds. On the upside, firm break 1.7062 will resume larger up trend from 1.4281 to 1.7377 projection level.

In the bigger picture, the rise from 1.4281 (2022 low) is in progress. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will stay bullish as long as 1.5846 support holds, even in case of another pull back.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6944; (P) 1.6980; (R1) 1.7015; More

Intraday bias in EUR/AUD is turned neutral first as consolidation from 1.7062 temporary top is extending. Further rally is expected as long as 1.6737 support holds. Break of 1.7062 will resume larger up trend from 1.4281 to 1.7377 projection level.

In the bigger picture, the rise from 1.4281 (2022 low) is in progress. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will stay bullish as long as 1.5846 support holds, even in case of another pull back.

EUR/AUD Weekly Outlook

EUR/AUD’s up trend continued last week and hit as high as 1.7062. Further rally is expected this week, as part of the whole up trend from 1.4281. Next target is 1.7377 projection level. On the downside, break 1.6737 support is needed to indicate short term topping. Otherwise, outlook will stay bullish in case of retreat.

In the bigger picture, the rise from 1.4281 (2022 low) is in progress. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will stay bullish as long as 1.5846 support holds, even in case of another pull back.

In the longer term picture, it’s still early to decide if rise from 1.4281 is resuming whole up trend from 1.1602 (2012 low). But in either case, further rally is in favor as long as 1.5846 support holds. Next target is 61.8% retracement of 1.9799 to 1.4281 at 1.7691.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6908; (P) 1.6987; (R1) 1.7058; More

Intraday bias in EUR/AUD remains on the upside at this point. Current rally is part of the up trend from 1.4281. Next target is 1.7377 projection level next. On the downside, break 1.6737 support is needed to indicate short term topping. Otherwise, outlook will stay bullish in case of retreat.

In the bigger picture, the rise from 1.4281 (2022 low) is in progress. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will stay bullish as long as 1.5846 support holds, even in case of another pull back.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6881; (P) 1.6919; (R1) 1.6972; More

EUR/AUD’s rally continues and intraday bias stays on the upside. Current rally is part of the up trend from 1.4281. Next target is 1.7377 projection level next. On the downside, break 1.6737 support is needed to indicate short term topping. Otherwise, outlook will stay bullish in case of retreat.

In the bigger picture, the rise from 1.4281 (2022 low) is in progress. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will stay bullish as long as 1.5846 support holds, even in case of another pull back.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6785; (P) 1.6849; (R1) 1.6956; More

EUR/AUD’s rally continues today and intraday bias remains on the upside. Current rally is part of the up trend from 1.4281. Next target is 1.7377 projection level next. On the downside, break 1.6737 minor support will intraday bias neutral and bring consolidations first, before staging another rise.

In the bigger picture, the rise from 1.4281 (2022 low) is in progress. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will stay bullish as long as 1.5846 support holds, even in case of another pull back.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6762; (P) 1.6846; (R1) 1.6895; More

Despite retreating, further rise is expected in EUR/AUD with 1.6708 support intact. Current rally is part of the up trend from 1.4281. Next target is 1.7377 projection level next. On the downside, break 1.6708 minor support will turn bias to the downside for deeper pull back.

In the bigger picture, the rise from 1.4281 (2022 low) is in progress. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will stay bullish as long as 1.5846 support holds, even in case of another pull back.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6823; (P) 1.6853; (R1) 1.6885; More

Intraday bias in EUR/AUD stays on the upside for the moment. Current rise is part of the up trend from 1.4281. Next target is 1.7377 projection level next. On the downside, below 1.6708 minor support will turn bias neutral and bring consolidations again first.

In the bigger picture, the rise from 1.4281 (2022 low) is in progress. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will stay bullish as long as 1.5846 support holds, even in case of another pull back.

EUR/AUD Weekly Outlook

EUR/AUD’s break of 1.6785 resistance last week confirmed resumption of whole up trend from 1.4281. Initial bias remains on the upside this week. Next target is 1.7377 projection level next. On the downside, below 1.6708 minor support will turn bias neutral and bring consolidations again first.

In the bigger picture, the rise from 1.4281 (2022 low) is in progress. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will stay bullish as long as 1.5846 support holds, even in case of another pull back.

In the longer term picture, it’s still early to decide if rise from 1.4281 is resuming whole up trend from 1.1602 (2012 low). But in either case, further rally is in favor as long as 1.5846 support holds. Next target is 61.8% retracement of 1.9799 to 1.4281 at 1.7691.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6760; (P) 1.6808; (R1) 1.6903; More

EUR/AUD’s rally resumed by breaking through 1.6858 and intraday bias is back on the upside. Current rise from 1.4281 should target 1.7377 projection level next. On the downside, below 1.6708 minor support will turn bias neutral and bring consolidations again first.

In the bigger picture, the rise from 1.4281 (2022 low) is in progress. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will stay bullish as long as 1.5846 support holds, even in case of another pull back.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6730; (P) 1.6784; (R1) 1.6863; More

Intraday bias in EUR/AUD stays neutral at this point. Further rally is expected as long as 1.6635 support holds. Above 0.6858 will resume larger up trend to 1.7377 projection level next.

In the bigger picture, the rise from 1.4281 (2022 low) is in progress. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will stay bullish as long as 1.5846 support holds, even in case of another pull back.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6694; (P) 1.6777; (R1) 1.6826; More

Intraday bias in EUR/AUD is turned neutral as it retreated after hitting 1.6858. Still new term outlook stays bullish as long as 1.6635 support holds. Above 0.6858 will resume larger up trend to 1.7377 projection level next.

In the bigger picture, the rise from 1.4281 (2022 low) is in progress. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will stay bullish as long as 1.5846 support holds, even in case of another pull back.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6693; (P) 1.6731; (R1) 1.6776; More

EUR/AUD’s up trend from 1.4281 resumed by breaking through 1.6785 resistance and intraday bias is back on the upside. Further rally should be seen to 1.7377 projection level next. Meanwhile, near term outlook will now remain bullish as long as 1.6635 support holds, in case of retreat.

In the bigger picture, the rise from 1.4281 (2022 low) is in progress. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will stay bullish as long as 1.5846 support holds, even in case of another pull back.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6677; (P) 1.6723; (R1) 1.6810; More

Intraday bias in EUR/AUD remains neutral for the moment, with focus on 1.6785 resistance. Decisive break there will confirm resumption of larger up trend, and target 1.7377 projection level next. On the downside, break of 1.6577 resistance turned support will turn bias back to the downside for 1.6259 support, to extend the corrective pattern from 1.6785.

In the bigger picture, the rise from 1.4281 (2022 low) is in progress. Firm break of 1.6785 will confirm resumption for 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will stay bullish as long as 1.5846 support holds, even in case of another pull back.

EUR/AUD Weekly Outlook

EUR/AUD’s rise from 1.5846 resumed last week and hit as high as 1.6766. Immediate focus is now on 1.6785 resistance this week. Decisive break there will confirm resumption of larger up trend, and target 1.7377 projection level next. On the downside, break of 1.6577 resistance turned support will turn bias back to the downside for 1.6259 support, to extend the corrective pattern from 1.6785.

In the bigger picture, the rise from 1.4281 (2022 low) is in progress. Firm break of 1.6785 will confirm resumption for 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. For now, outlook will stay bullish as long as 1.5846 support holds, even in case of another pull back.

In the longer term picture, it’s still early to decide if rise from 1.4281 is resuming whole up trend from 1.1602 (2012 low). But in either case, further rally is in favor as long as 1.5846 support holds. Next target is 61.8% retracement of 1.9799 to 1.4281 at 1.7691.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6680; (P) 1.6723; (R1) 1.6760; More

Intraday bias in EUR/AUD is turned neutral again as it retreat ahead of 1.6785 high. On the upside, decisive break of 1.6785 will resume larger up trend to 1.7377 projection level next. On the downside, break of 1.6577 resistance turned support will turn bias back to the downside for 1.6259 support, to extend the corrective pattern from 1.6785.

In the bigger picture, with 38.2% retracement of 1.4281 to 1.6785 at 1.5828 intact, rally from 1.4281 is still in progress. Firm break of 1.6785 will confirm rise resumption. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. On the other hand, rejection by 1.6785 will extend the corrective pattern with another fall leg. But outlook will stay bullish as long as 1.5828 holds.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6633; (P) 1.6683; (R1) 1.6780; More

Intraday bias in EUR/AUD stays on the upside for retesting 1.6785 high. Decisive break there will resume larger up trend to 1.7377 projection level next. On the downside, break of 1.6587 minor support will delay the bullish case and turn intraday bias neutral first.

In the bigger picture, with 38.2% retracement of 1.4281 to 1.6785 at 1.5828 intact, rally from 1.4281 is still in progress. Firm break of 1.6785 will confirm rise resumption. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. On the other hand, rejection by 1.6785 will extend the corrective pattern with another fall leg. But outlook will stay bullish as long as 1.5828 holds.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6432; (P) 1.6525; (R1) 1.6699; More

Intraday bias in EUR/AUD is back on the upside with firm break of 1.6601 resistance. Further rally should be seen to 1.6785 high. Decisive break there will resume larger up trend to 1.7377 projection level next. On the downside, break of 1.6577 minor support will delay the bullish case and turn intraday bias neutral first.

In the bigger picture, with 38.2% retracement of 1.4281 to 1.6785 at 1.5828 intact, rally from 1.4281 is still in progress. Firm break of 1.6785 will confirm rise resumption. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. On the other hand, rejection by 1.6785 will extend the corrective pattern with another fall leg. But outlook will stay bullish as long as 1.5828 holds.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6292; (P) 1.6433; (R1) 1.6513; More

EUR/AUD is still bounded in range trading below 1.6601 and intraday bias stays neutral. Further is expected with 1.6231 support intact. Firm break of 1.6601 will solidify the case that corrective fall from 1.6785 has completed, and target a retest on this high next.

In the bigger picture, with 38.2% retracement of 1.4281 to 1.6785 at 1.5828 intact, rally from 1.4281 is still in progress. Firm break of 1.6785 will confirm rise resumption. Next target is 100% projection of 1.5254 to 1.6785 from 1.5846 at 1.7377. On the other hand, rejection by 1.6785 will extend the corrective pattern with another fall leg. But outlook will stay bullish as long as 1.5828 holds.