The EUR/AUD Continues to Decrease

Technical Reports

Trading in the pair is on the downside for 100% projection of 1.5226 to 1.4625 from 1.4472. Pivot points are at: (S1) 1.4492; (P) 1.4634; (R1) 1.4734.

Decline in the pair goes on. Trading above minor resistance 1.4624 will become neutral.

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.