Fall in EUR/AUD Continues

Technical Reports

Trading in the pair is on the downside for 100% projection of 1.5226 to 1.4625 from 1.4472, as decline goes on. Pivot points are at: (S1) 1.4653; (P) 1.4690; (R1) 1.4757.

Trading above minor resistance 1.4776 will become neutral. Correction from 1.5226 can renew.

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.