EUR/Aud Daily Outlook – Forex work


Each day axes: (S1) 1.7202; (P) 1.7237; (R1) 1.7278; more

The bias inside the day at EUR/Aud stays impartial with the continuation of mergers lower than 1.7417. The destructive aspect of the decline have to be contained with 0.6990 help for restoration. On the higher aspect, Break of 1.7417 will resume a peak from 1.6335 to 161.8 % from 1.5963 to 1.6800 from 1.6355 on the following 1.7709.

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Within the bigger picture, the important thing resistance violation of 1.7180 (2024 excessive) signifies that the upward development of 1.4281 (2022 low) signifies. Steady buying and selling will affirm greater than 1.7180 and projection steering 61.8 % from 1.4281 to 1.7062 from 1.5963 at 1.7682, which can also be near 61.8 % of the decline from 1.9799 (2020 greater) to 1.4281 at 1.7691. At the moment, it will stay the popular situation so long as the resistance 1.6800 has changed into help, even within the case of deep decline.

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2025-03-24 06:54:29

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