Correction in EUR/AUD Has Completed

Technical Reports

Trading in the pair is on the downside. Short term bottom was formed at 1.4421. Pivot points are at: (S1) 1.4474; (P) 1.4561; (R1) 1.4701.

The correction from 1.5226 has completed to 1.4421. Overcoming of resistance 1.5073 will point out resumption of an increase from 1.3624.

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.