EUR/AUD is holding above 1.6250 and intraday bias remains neutral. Overall, corrective pattern from 1.6108 (or 1.6125) is still extending. On the downside, break of 1.6250 will bring deeper fall back to retest 1.6108 low. On the upside, above 1.6358 will bring stronger rebound to 1.6503 resistance.
In the bigger picture, outlook will stay bearish as long as 1.6842 resistance holds. Fall from 1.8554 (2025 high) is expected to continue to 61.8% retracement of 1.4281 to 1.8554 at 1.5913. Decisive break there will pave the way back to 1.4281 (2022 low). However, firm break of 1.6842 should confirm medium term bottoming, and bring stronger rally.
 is still extending. On the downside, break of 1.6250 will bring deeper fall back to retest 1.6108 low. On the upside, above 1.6358 will bring stronger rebound to 1.6503 resistance.){kind=link}