Intraday bias in EUR/AUD remains neutral first. Consolidations from 1.6078 could still extend. But in case of another rise, outlook will stay bearish as long as 1.6258 support turned resistance holds. On the downside, decisive break of 1.6078/6108 will resume the whole down trend from 1.8554 high. Next target is 1.5359 projection level.
In the bigger picture, fall from 1.8554 (2025 high) is in progress. On resumption, next target is 61.8% projection of 1.8160 to 1.6125 from 1.6617 at 1.5359. Outlook will remain bearish as long as 1.6617 resistance holds, in case of rebound.
