Further Fall in EUR/AUD is Awaited

Technical Reports

Trading in the pair is on the downside. Further decrease is awaited. Pivot points are at: (S1) 1.4599; (P) 1.4675; (R1) 1.4723.

Trading above minor resistance 1.4705 will become neutral and bring a consolidation. Correction from 1.5226 can extend.

Corrective drop from 1.6587 has completed at 1.3624. The pair can test key resistance 1.6587 and retest key support zone around 1.3624.