Correction in EUR/AUD Can Finish

Technical Reports

Stance of trading in the pair is neutral. Pivot points are at: (S1) 1.4811; (P) 1.4846; (R1) 1.4867.

Pull back from 1.5226 has completed at 1.4625. Trading above 1.4997 will back to the upside for 1.5226.

Price moves from medium term top 1.6587 are viewed as a correction, which could be completed at 1.3624 after defending key support 1.3671. It is awaited, that increase from 1.3642 will widen to 61.8% retracement of 1.6587 to 1.3624 at 1.5455 and above. The pair can retest 1.6587.