Consolidation in EUR/AUD Goes On

Technical Reports

Trading in the pair is neutral for consolidation below temporary top 1.4777. Pivot points are at: (S1) 1.4645; (P) 1.4685; (R1) 1.4714.

The correction from 1.5226 could have completed to 1.4421. Overcoming of resistance 1.5073 will point out resumption of an increase from 1.3624. Decline from 1.5226 can widen.

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.